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Fly News Breaks for October 7, 2015
AAPL
Oct 7, 2015 | 07:37 EDT
UBS raised its iPhone estimate for the current quarter to 50M units, up from 49M, following its survey of search volumes. UBS held back on raising estimates further as the company only had two days that will be included in this quarter during which it sold the iPhone 6S and 6S plus. UBS, which believes Apple's stock is consolidating but still sees further upside for the shares, reiterated its Buy rating and $150 price target on Apple.