Citi Raises Apple Price Target to $365 on Market Share Outlook

According to Citi, Apple's price target was raised to $365 from $315 on Monday as the firm said the company remains well positioned to gain market share despite raising prices on several MacBook and iPad models. Jim Cramer's Investing Club portfolio remains bullish on Apple's competitive position, with Cramer advising to "own, don't trade this one."
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