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AAPL Stock: 119.24 ( + 0.34 )

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Analyst raises AAPL target to $90

updated 12:30 pm EST, Fri December 16, 2005

AAPL target at $90

Following downgrades by two analysts earlier this week, Morgan Stanely maintained its "overweight" rating on Apple, but for Apple stock to $90, based on the growth potential of its retail segment and upcoming announcements at Macworld. According to NewRatings.com: "In a research note published this morning, the analysts mention that the company is witnessing significant retail growth opportunities in the US. Apple is likely to make announcements relating to iPhone, broad digital content and digital living room focused hardware in the upcoming year, the analysts say."




by MacNN Staff

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Comments

  1. jarod

    Joined: Dec 1969

    0

    YES

    Now THATS an analyst that knows what they're talking about! Unlike those morons at Bear Stearns and Banc of America.

  1. gavinque

    Joined: Dec 1969

    0

    Yes x2

    Amen!

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