Apple heading to $1 trillion in a calendar year: Analyst

April 17, 2015 9:51 PM

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FBR analyst Dan Ives explains why thinks Apple is heading to a $1 trillion valuation within 12 months.

A different Wall Avenue analyst has jumped into the Apple bull camp—this time in a big way. FBR Cash Marketplaces Taking care of Director Dan Ives initiated coverage of Apple with an "outperform" rating Thursday, but it is his high goal price tag that would make the connect with stand out.

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