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AAPL Stock: 105.22 ( + 0.39 )

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ATR initiates AAPL coverage with \'buy\', $78 target

updated 08:05 am EST, Wed December 15, 2004

Analyst sets $78 target

American Technology Research (ATR) analyst Shaw Wu on Tuesday and a $78 a share price target, according ot CBSMarketWatch.com: In a report to clients, Wu said Apple has "arguably the industry's most complete and integrated stack of hardware, software, and service," and that the company could see better financial performance in its core PC business in 2005.




by MacNN Staff

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  1. l008com

    Joined: Dec 1969

    0

    i

    agree.

  1. Zaren

    Joined: Dec 1969

    0

    watch for it

    Morning pop of the stock, settling down to about +3 on the day... and then someone else will come out with a "hold" tomorrow, and the price will drop...

  1. Zaren

    Joined: Dec 1969

    0

    well, drattit

    No opening pop. See, this is why I'm not a day trader :p

  1. Faizon318

    Joined: Dec 1969

    0

    Muwhahah

    wow this guy is on the inside track .. he figures it out before any1 else.. LOL .. I wonder how dumb these guys feel that it took them monts after the first firm said this ..

  1. Clive

    Joined: Dec 1969

    0

    Pop

    Hmm, much as I love Apple, I can't help thinking there's a bubble building here... At the rate it's going the predictions are going to be over $100 within a couple of months, and over $200 by the Summer.

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