AAPL up on upgrades from Merril, Thomas Weisel
updated 10:50 am EST, Tue January 13, 2004
AAPL up on upgrades
A MacNN reader writes: "Just wanted to point out that by analyst Thomas Weisel."
Meanwhile, Forbes reports that Merrill Lynch reinstated coverage of the computer manufacturer with a "buy" rating and a price target of $29 and a 2004 earnings-per-share estimate of 42 cents: "We think Apple has gotten its act together in focusing on core markets, building a mature management team and, most important, innovating again. People will pay more for Porsches, but they have to perform. We think iPod's leading position is defendable for perhaps two years and is important to Apple's 'cool' image."
Fresh-Faced Recruit
Joined: Jul 2001
Go Apple!
Go Apple!