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Fly News Breaks for July 25, 2017
AAPL
Jul 25, 2017 | 07:04 EDT
UBS analyst Steven Milunovich still likes Apple heading into the iPhone 8 cycle given its prospects for 15% unit growth and a higher average selling price and opportunity to re-rate as a consumer franchise. The analyst is looking for iPhone 8 timing guidance when the company reports Q3 earnings given the delay speculation. Milunovich reiterated his Buy rating and $170 price target on Apple shares.