Monday, March 5, 2007

Pru Upgrades Apple (AAPL)

Shares of Apple are actually flashing gree this morning even as the rest of the market stumbles out of bed this morning. Prudential has upgradede Apple (AAPL) to Overweight from Neutral.

PRUS has lifted its price target by $5 to $105. I've written about the earlier than anticipated launch of Leopard at this blog before and PRUS says Leopard will serve as a catalyst to boost Mac sales this quarter.

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