Live Breaking News & Updates on போக்குவரத்து கையகப்படுத்தல் செலவு

Apple  (
AAPL) - Get Report had its price target cut to $156 from $164 a share by a Morgan Stanley analyst who also raised her services revenue estimate for the technology giant.
Analyst Katy Huberty said in a research note that the price target cut reflected lower multiples being granted to several of Apple s peers, but maintained her overweight rating. 
Shares of the Cupertino, Calif. company were up 0.47% to $126.22 in morning trading Tuesday.
Huberty also said she was raising her Apple Services revenue forecast to account for accelerating Google TAC-related revenue growth (TAC refers to Traffic Acquisition Cost, or ad revenue-sharing payments to partners). She noted that strong App Store revenue of 28% in F2Q was in-line with our forecast. ....

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