Citing 'long tail' of iPhone 6 & 6 Plus sales, Cowen raises Apple target to $140

AppleInsider
May 26, 2015, 9:29 am156 pts
Projecting that iPhone sales will again top 50 million in the current June quarter, investment firm Cowen and Company raised its price target on Apple stock to $140 on Tuesday, on continued strong sales of the flagship iPhone 6 and iPhone 6 Plus.

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