View this article at: http://www.macnn.com/articles/04/11/24/aapl.target.price.raised/ Wednesday, Nov 24, 2004 7:15am Needham & Co raises AAPL target price to $62 In a research note published yesterday, analysts at Needham & Co reiterated their "buy" rating on Apple stock and raised the target price to $62 from $43, according to Newratings.com. Apple stock is trading at $61.27 in pre-open trading, down slightly from yesterday's close. Earlier this week, Apple's stock surged to more than $60 after PiperJaffray increased its target price to $100 based on expected strong sales of the iPod.