J.P. Morgan has increased Apple's price target to $145 taking into account the launch of the Apple Watch in April.
Analyst Rod Hall issued a note to investors Wednesday, a copy of which was provided to AppleInsider, in which he moved his December 2015 price target up $5 to $145. The increase comes alongside J.P. Morgan's first forecast for the Apple Watch, in which its "central case" sees the company selling 26.3 million units in calendar 2015.
More about J.P. Morgan Forecasts Sales of 26 Million Apple Watches in 2015
Wednesday, February 11, 2015
J.P. Morgan Forecasts Sales of 26 Million Apple Watches in 2015
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