UBS boosts Apple target
UBS analysts remain positive about Apple’s performance, reiterating a ‘buy’ target on its stock.
UBS has elevated its target cost on Apple stock, from $37 to $42.
Bear Sterns a week ago reduced its rating on Apple stock, downgrading it from ‘outperform’ to ‘peer perform’.
First Albany keeps its buy rating at $35: “The interest in Apple Computer’s imac desktop G5 is anticipated to become healthy within the forthcoming quarters, the analysts say.”
Apple stock closed at $35.20 yesterday, lower 29 cents at the time.