BTIG analyst predicts significant growth for Apple in 2017/2018, possible new products

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BTIG analyst predicts significant growth for Apple in 2017/2018, possible new products

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<p>Apple appears to be the darling of analysts at the moment. A week after one <a href="https://9to5mac.com/2017/02/23/analyst-apple-upper-hand-samsung/" target="_blank">analyst opined[/url] that the company ‘has Samsung on the ropes like never before,’ investment bank and brokerage company BTIG has raised its price target for the <a href="https://9to5mac.com/guides/aapl/" target="_blank">stock[/url] from $133 to $165. At the time of writing, the stock is trading at $136.99.</p>
<p>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 …</p>
<p> <a href="https://9to5mac.com/2017/03/01/aapl-growth-revenue-profit-margin-btig/#more-469987" class="more-link">more…[/url]</p>
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Source: BTIG analyst predicts significant growth for Apple in 2017/2018, possible new products