“Among reasons Apple led the list were expectations of an iPhone 7 launch in September, growing momentum in the wearable category with Apple Watch, a bigger push into China and India, and continued generous cash distribution to shareholders,” Deagon reports.
“White has a buy rating on Apple and a price target of 200,” Deagon reports. “Apple stock closed at 107.32, down 1.3% in the stock market today.”
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MacDailyNews Take: As for why Apple was down today: Blame
Apple to pay $348 million to settle Italy tax fraud case – December 30, 2015