JP Morgan analyst Mark Moskowitz has raised the firm's price target for Apple stock 24 percent, from $316 to $390. The figure is said to represent a new Wall Street record, and be based largely on just two Apple handhelds. "The rapid growth phenomena of both the iPhone 4 and iPad stand to intensify in coming quarters," Moskowitz writes in a memo, adding that the iPhone 4 in particular appears to have "insatiable" early demand.
