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AAPL Stock: 439.66 ( 0 )

http://www.macnn.com/articles/04/11/29/analysts.raise.aapl.target/

Merrill, UBS raise AAPL estimates

updated 07:35 am EST, Mon November 29, 2004

 

Analysts raise AAPL target


Merrill Lynch , noting a survey of U.S. retailers showed strong demand for its higher margin Photo iPods and Mini iPods as well as iMacs and accessories which the broker said were all selling "very well." The broker upped its share price target to $77 from $66 on a raised FY 2005 revenue forecast of $11.1bn (was $10.9bn) with an EPS EPS for the year at $1.40, up 10c.


by MacNN Staff

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  1. Zaren

    Fresh-Faced Recruit

    Joined: Aug 2001

    0
    11/29, 09:34am | report spam | Reply |

    Opened @ 69 a share today

    68.93 to be precise...

    Maybe $100 a share isn't so far fetched after all?

  1. Glasspusher

    Fresh-Faced Recruit

    Joined: Oct 2000

    0
    11/29, 10:29am | report spam | Reply |

    I could be an analyst

    I'll just up my estimate of AAPL to 2 dollars over what it closed on the previous day

  1. dreilly1

    Mac Elite

    Joined: Sep 2000

    0
    11/29, 12:50pm | report spam | Reply |

    I don't trust 'em

    All these analysts jumping on the bandwagon makes me think that I should sell soon...

  1. klinux

    Senior User

    Joined: Jul 2002

    0
    11/29, 12:56pm | report spam | Reply |

    OK

    Why aren't you one then, if the money is good and job is easy?

  1. Deal

    Mac Enthusiast

    Joined: Apr 2001

    0
    11/29, 01:09pm | report spam | Reply |

    It'll be different

    Usually, AAPL creeps up as Macworld approaches and then afterwards, drops like a led balloon. I think this year will be different. Watch all these stock predictors, who normally don't give Apple a fair shake, send the stock soaring with news of newer products.

    I hope Apple has some fabulous toys this January.

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