Stifel Raises Apple PT Following China Mobile Support
December 23, 2013 at 10:41 AM EST
In a report published Thursday, Stifel analyst Aaron Rakers maintained a Buy rating on Apple (NASDAQ: AAPL ) and raised the price target from $600 to $650. Apple announced a multi-year agreement to have China Mobile support the iPhone 5s/5c, with a focus on China Mobile's 4G TD-LTE rollout