Investment bank Piper Sandler raised its AAPL price target to $130 on the strength of a new slate of Apple products and services that address different aspects of the “new normal” during the COVID-19 pandemic.

Credit: Andrew O'Hara, AppleInsiderCredit: Andrew O’Hara, AppleInsider

In a note to investors seen by AppleInsider, analyst Harsh Kumar wrote that the bank was “extremely impressed” with Apple’s event lineup and sees each product or service “addressing an individual’s ‘new normal’ following the coronavirus pandemic.”

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