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August 26, 2006

S&P Reiterates 'Strong Buy' on Apple, Ups Target

Standard & Poor analyst Richard Stice has reiterated his "Strong Buy" rating on Apple's stock and upped his 12-month target price by US$8 to $83, based on his reaction to the company's settlement with Creative as well as the "positive catalysts" he sees despite disappointment over the iBook and PowerBook battery recall. He also weighed in on

From S&P Reiterates 'Strong Buy' on Apple, Ups Target

Posted by Jason at August 26, 2006 12:16 PM