Barclays analyst Tim Long raised the firm’s price target on Apple (AAPL) to $180 from $173 and keeps an Underweight rating on the shares. The company reported a fiscal Q3 beat, driving by higher iPhones and Macs with slightly better Services, the analyst tells investors in a research note. The firm believes demand pull-ins and China subsidies helped the results. It keeps an Underweight rating on Apple’s regulatory, China, and artificial intelligence risk.
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