The catalyst
UBS Maintains Neutral on Apple, Raises Price Target to $340
The thesis
UBS analyst David Vogt maintained a Neutral rating on Apple and raised the price target from $296 to $340, a $44 increase and concrete analyst catalyst.

UBS lifted Apple's target to $340 while keeping Neutral—price discovery just got a fresh level.
Cleared the 75 line by 3.
UBS Maintains Neutral on Apple, Raises Price Target to $340
UBS analyst David Vogt maintained a Neutral rating on Apple and raised the price target from $296 to $340, a $44 increase and concrete analyst catalyst.