toggle

AAPL Stock: 117.6 ( -1.03 )

Printed from http://www.macnn.com

Investment firm raises AAPL target to $60

updated 11:30 am EDT, Thu October 6, 2005

AAPL target $60

First Albany to $60 from $53 on the belief that iPod nano's success will provide "upside momentum" heading into the fourth quarter. "Despite the stock's run and the inevitability that Apple's growth rate will eventually slow, we think renewed iPod demand/leverage and continued central processing unit share gains should enable sustained stock momentum through the end of the year," said analyst Joel Wagonfeld. The stock closed Wednesday down 97 cents at $52.78, after reaching an all-time high of $55.35 in intraday trading on Tuesday.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

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

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

MaxUpgrades 512GB Retina MacBook Pro SSD

Apple's Retina line of MacBook Pro notebooks have been impressive, right from their debut in 2012. Thinner than the previous model, t ...

Lemur BlueDriver

"Oh no, the check engine light is on…again! What one of the hundreds of reasons could it be this time? Probably going to cost a for ...

toggle

Most Commented