Cowen raises AAPL price target to industry-high $530

By news@appleinsider.com (Mike Peterson) Investment bank Cowen has raised its 12-month Apple price target to $530 on an uptick in its iPhone build estimate for the third quarter.Credit: Andrew O’Hara, AppleInsiderIn an industry update note to investors seen by AppleInsider, lead analyst Krish Sankar said that estimated iPhone builds for the September quarter increased slightly to 43 million units, up from his prior prediction of 40 million units….

Source:: Apple Insider