Apple appears to be the darling of analysts at the moment. A week after one analyst opined that the company ‘has Samsung on the ropes like never before,’ investment bank and brokerage company BTIG has raised its price target for the stock from $133 to $165. At the time of writing, the stock is trading at $136.99.

BTIG says that it is basing the large boost in valuation on anticipated growth in both 2017 and 2018, as well as the potential for new product categories …

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Filed under: Apple