PDA

View Full Version : AmTech analyst changes mind, raises Apple rating


MacBytes
May 6, 2008, 11:57 AM
http://www.macbytes.com/images/bytessig.gif (http://www.macbytes.com)

Category: News and Press Releases
Link: AmTech analyst changes mind, raises Apple rating (http://www.macbytes.com/link.php?sid=20080506125707)
Description:: Saying that the risk associated with Apple Inc.'s earnings has passed for the near-term, American Technology Research analyst Shaw Wu on Monday raised his rating on Apple's shares to buy from neutral, less than two weeks after cutting his rating on the stock.

Wu also set a $210 price target on Apple's stock after previously not having any price target on the shares, which have risen almost 60%, to close at $184.73 Monday after falling to a year-to-date low of $115.44 on Feb. 26.

Posted on MacBytes.com (http://www.macbytes.com)
Approved by Mudbug