Apple fairly certain to launch several new products, says PiperJaffray

theflyonthewall.com

After viewing statements by Apple CEO Tim Cook last night, PiperJaffray is "fairly certain" that the company will launch a television, a watch, and multiple iterations of the iPhone by the end of 2014. The firm continues to believe the stock could appreciate as the new product launches get closer, and it reiterates a $655 price target and Overweight rating on the stock.

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