Apple: Why Is Its Discount to S&P So Much More Than MSFT, GE? Asks BMO

Tech Trader Daily
By Tiernan RayFeb 24, 2017, 11:46 am159 pts
BMO Capital’s Tim Long today reiterates an Outperform rating on shares of Apple (AAPL), and raises his price target to $160 from $142, after raising his estimate for the company’s average sales price for the iPhone, and buried in the note is an interesting treatise on the stock-market discount of Apple’s…

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