financial/investor

08/01/2005, 1:45pm, EDT

Monday, August 1st

First Albany raises AAPL target, discounts HP fallout

Analysts at First Albany have reiterated their "buy" rating on Apple stock, raising the target price from $44 to $48, according to NewRatings.com: "In a research note published this morning, the analysts mention that the recent decline in the company's share price due to iPod-related concerns, which arose when HP decided to stop reselling the iPods under its own brand, are unwarranted. According to the analysts, Apple has significantly increased its own distribution points and revenues from HP, which constituted only a small part of the company's total revenues, the analysts say. The sluggish outlook provided by Synaptics reflects Apple Computer's decision to exclude the former's products from the next generation iPods."


Filed under: Investor

, , comment, del.icio.us, slashdot, digg, buzz


post a comment
Reader Reactions (Please use <i></i> for italic text)

subscribe to comments
for this article




Expand All   Global Settings
Be the first to post comments on this story.
Your Comments

In order to post comments: If you are a registered member, please login with your MacNN Forums username and password otherwise please uncheck the checkbox below.


Registered Member?
macnn forums login:

macnn forums password:

Not a member of the MacNN forums? Register now for free.

RSS Feeds

Have the latest content delivered to your desktop via RSS. Use the links below to get access to a specific blog, news, or reviews feed.



  MacNN -all

  MacNN Reviews

  MacNN Podcasts

  iPodNN

  Electronista

  Left Lane News
Want To Sell Your Laptop? Any Condition - receive Top Cash. Get an instant quote. Free shipping www.CashForLaptops.com
Buy from The Apple Store, iTunes.com, Amazon.com, TechDepot, OfficeDepot, Computers4Sure, or donate.