Apple price target raised to $145 from $133 at Barclays

Barclays analyst Tim Long raised the firm’s price target on Apple to $145 from $133 and keeps an Equal Weight rating on the shares. Apple missed December quarter hardware revenue consensus estimates but Services beat, likely due to the extra week and price increases, the analyst tells investors in a research note. The "limited guidance calls for March quarter growth rate to be similar to the December quarter, says the firm. It models for a 6% decline in March at this time, saying demand is waning.