JP Morgan raises AAPL target to $460 after Apple smashes its expectations

JP Morgan bumped its AAPL price target to $460, up from $425, following an earnings report that surprised "even bullish expectations" and far surpassed its own forecast. Credit: Andrew O'Hara, AppleInsider In a note to investors seen by AppleInsider, analyst Samik Chatterjee writes that Apple hardly missed a beat "even as several disruptions impacted its ability to operate retail stores successfully during the quarter."