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Evercore ups ‘tech staple’ Apple’s target price to $275 from $260
- Evercore ISI raises Apple's target price to $275 from $260.
- Evercore ISI emphasizes Apple's position as a 'tech staple' with sustainable growth.
- Areas of potential growth for Apple include emerging markets, innovations in AI, and the services segment.
- Apple's wearables category and opportunities for margin improvement are seen as drivers of growth.
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