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Apple price target raised to $250 from $241 at Rosenblatt

Rosenblatt raised the firm’s price target on Apple (AAPL) to $250 from $241 and keeps a Neutral rating on the shares. The company’s fiscal Q4 report was in-line while its Q3 revenue guide “was a big beat,” the analyst tells investors in a research note. The firm sees this being offset by higher costs, however.

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