Apple stock gets a new vote of confidence of reaching $1 trillion valuation from FBR & Co

April 18, 2015 5:00 PM

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In an announcement on Thursday, FBR Capital Market Managing Director Daniel Ives said, Apple`s share may reach $185 by 2017, which is in line with the company`s assessment of reaching $1 trillion valuation.

In a statement Ives said, the $185 price target is the highest target in Wall Street right now. He also valued the world’s most valuable company for more than $1 trillion. He also mentioned that there are some factors which the current market underestimated, will help the company to reach its $1 tri...

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