Rosenblatt Upgrades Apple (AAPL) to Buy

Rosenblatt upgraded Apple (NASDAQ: AAPL) from Neutral to Buy with a price target of $180.00 (from $150.00).

Analyst Jun Zhang comments "we are positive on iPhone X sales but cautious on the iPhone 8. We also expect Apple to maintain its hardware advantage in 3D sensing through the next calendar year. If Apple adopts 3D sensing in all three upcoming models in 2H18, we believe it would be a significant differentiator from Android smartphones."

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $168.11 yesterday.

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