Friday, May 18, 2012

BMO reiterates Outperform and $695 price target

With LTE on the way for the iPhone 5, the carrier subsidy reduction seems overblown. BMO reiterates an Outperform rating and $695 price target Barrons: http://blogs.barrons.com/techtraderdaily/2012/05/18/aapl-iphone-subsidy-cuts-tricky-says-bmo/

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