Rothschild & Co Redburn Raises Apple Price Target to $400 on iPhone Ultra Hopes
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Insights by Echo AI
Financial advice group Rothschild & Co Redburn has significantly increased its Apple price target to $400, up from $260, citing expectations of an iPhone Ultra. The firm believes this new model will be a 'match made in heaven' for Apple. Alongside this raise, Rothschild & Co Redburn has upgraded its status from Neutral to Buy. This change comes as Apple is set to report its Q3 results.
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