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Apple's stock gains after analysts boost price targets

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Apple shares on the rise after analysts boost price targets

Shares of Apple Inc.

rose 0.4% in premarket trading Friday, after analyst Daniel Ives at Wedbush raised his price target, citing expectations of strong growth in iPhone sales. Ives reiterated his outperform rating but raised his stock price target to $325, which is now the highest of the 43 analysts surveyed by FactSet, from $300.

 

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