UBS analyst David Vogt made no change to the firm’s Buy rating or $180 price target on Apple. The firm estimate’s App store revenue growth is trending "flattish" quarter-to-date, up just 31bps year-over-year, the analyst tells investors in a research note. While the sequential improvement on a quarter-to-date basis is modest, growth in the U.S. continues to outpace the rest of the world, the firm says.
Published first on TheFly
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