From: Richard Kahn Sent: Thursday, January 19, 2017 12:58 PM To: jeffrey E. Subject: Fwd: AAPL US: Apple Inc.: Price Objective Change - iPhone 8 likely to be a super-long cycle instead of boom-bust; Raising PO to $140 - BUY - United States Richard =ahn HBRK Associates Inc. 575 Lexington =venue 4th Floor Begin forwarded message: From: =/b>"Ens, Amanda" <[email protected]> Subject: =/b>AAPL US: Apple =nc.: Price Objective Change - iPhone 8 likely to be a super-long cycle =nstead of boom-bust; Raising PO to $140 - BUY - United States Date: =/b>January 19, 2017 at 7:55:27 AM =ST To: =/b>"Rich Kahn"<richardkahn12@gmailcom> Reply-To: =/b>"Ens, Amanda" <[email protected]> Raising Price Objective to =140 from $125 Global Research Apple Inc. EFTA_R1_01911340 EFTA02662487