TEL AVIV Apple Inc. shares were reiterated overweight at Barclays Capital, where analyst Ben Reitzes increased his target price on the iPhone and iPad maker to $ 810 from $ 750. The new iPhone will be available in 100 countries by year’s end, Apple’s fastest rollout yet, the analyst wrote. “Most of yesterday’s announcements were expected, but we believe the launch will be successful and we look forward to another major product launch with the iPad mini and new [Macintosh models] later this fall, creating a unique holiday season for Apple,” the analyst wrote.
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