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Apple price target raised to $310 from $300 at Maxim

Maxim raised the firm’s price target on Apple (AAPL) to $310 from $300 and keeps a Buy rating on the shares. The firm cites the company’s Q2 sales and gross margins beat as well as a favorable outlook for Q3, with entire ranges for net sales and gross margins exceeding expectations, the analyst tells investors in a research note.

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