Bullish JP Morgan bumps AAPL price target to $345

JP Morgan increased the price target for Apple's stock to $345, insisting that the RAM-driven hardware cost increases won't impact long-term revenue gains.Sales will continue fine for premium products like the Mac Studio, JP Morgan reckons. Late in June, Apple finally gave in and raised the price of many products, in the face of the global memory crisis. In the…

Summary from the AppleInsider feed. The full story lives on their site.