Cowen raises Apple price target to $200 after blockbuster earnings results

Investment bank Cowen has raised its price target to $200, from $180, following Apple's record-shattering December quarter earnings results.Apple iPhone 13 Pro modelsIn a note to investors seen by AppleInsider, Cowen lead analyst Krish Sankar writes that Apple delivered strong December quarter upside that beat Wall Street expectations despite an estimated $6 billion revenue hit from ongoing chip shortages and supply constraints. Read more...