Monday, May 23, 2011

Analyst lifts AAPL price target to $460

Sterne Agee analyst Shaw Wu has raised his 12-month price target for Apple's stock, bringing the estimate from $445 up to $460 with a "Buy" rating. In a note distributed to investors, the analyst also raised his estimates for iPhone, iPad and Mac shipments. The company is said to have resolved production issues that had caused problems with iPad supply numbers....

Source: http://feeds.macnn.com/click.phdo?i=e563acf127195b8f2d904b5bb3c5b08b

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