Apple price target raised to $185 from $177 at KeyBanc - InvestingChannel News

Apple price target raised to $185 from $177 at KeyBanc

KeyBanc analyst Brandon Nispel raised the firm’s price target on Apple to $185 from $177 and keeps an Overweight rating on the shares. The analyst recommends owning Apple and raised the price target “based on strong trends.” Keybanc’s data “rapidly rebounded” post the company’s softer results in April through June, Nispel tells investors in a research note. July is seasonally the strongest sequential growth month of Apple’s fiscal Q4, which appears to be off to a strong start, says the analyst.

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