With Apple at $228+, Deutsche Bank sticks with its $175 price target

I just checked with the bank.

In her defense, Deutsche Bank analyst Sherri Scribner—along with much of Wall Street—is still on vacation.

Note: Apple hasn’t been as low as $175 since May.

My take: If it’s any comfort to Deutsche Bank’s clients, Scribner’s $175 price target—set on Aug. 1—is higher than the $165 target New Street Research’s Pierre Ferragu set last week.

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