Cowen and Company Reiterates Outperform on Apple as Supply Chain Sees Positive Revisions
October 07, 2013 at 10:55 AM EDT
In a report published Monday, Cowen and Company analyst Timothy Arcuri reiterated an Outperform rating and $550.00 price target on Apple (NASDAQ: AAPL ). In the report, Cowen and Company noted, “We believe Apple's supply chain is seeing incremental positive revisions as iPhone demand (particularly 5S) remains elevated post product
