Bear Stearns ups Apple's 2005 earnings forecast
updated 10:35 am EST, Fri January 21, 2005
Bear Stearns ups AAPL
Bear Stearns for Apple to $2.25 a share from $2.10, citing evidence that hard drive-based iPod sales won't see the normal seasonal weakness during the quarter ending March. The stock is up in current trading. Analyst Andrew Neff also raised his year-end 2005 stock price target to $97 from $87 and his 2006 earnings forecast to $3.05 a share from $2.80, according to CBSMarketWatch.





