Credit Suisse hikes Apple price target, credits App Store growth

5 Jun by Vitaliy Dadalyan

Credit Suisse hikes Apple price target, credits App Store growth

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Credit Suisse hikes Apple price target, credits App Store growthDespite having a cautious view on the iPhone, Credit Suisse raised the price target for Apple, crediting the growth from the App Store. Credit Suisse maintained the Neutral ratings however because the stock is close to its all time highs, claiming that it advises investors to wait for a lower point of entry.