First Albany raises AAPL target to $44
updated 07:50 am EDT, Wed October 6, 2004
AAPL target raised to $44
Analysts at First Albany have issued a "buy" rating on Apple, from $35 to $44, according to NewRatings.com: "In a research note published this morning, the analysts mention that the company is likely to report its 4Q04 EPS and iPod unit results ahead of the estimates of $0.18 and 1.25 billion, respectively. The performance of Apple Computer's PowerMac/Book was robust during the quarter and the company witnessed substantial demand for its new G-5 iMacs, the analysts say."
