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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."

 
Previous Comments

YES

12/16, 02:16pm reply

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

jarod

Fresh-Faced Recruit

Joined: Apr 2005

0

Yes x2

12/16, 02:25pm reply

Amen!

gavinque

Fresh-Faced Recruit

Joined: Dec 2005

0

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