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AAPL Stock: 561.21 ( -4.11 )

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.


by MacNN Staff

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