“Analysts at First Albany reiterate their ‘buy’ rating on Apple Computer (AAPL), while raising their estimates for the company. The target price is set to $44,” newratings.com reports.

“First Albany considers Apple Computer’s revenue and EPS guidance for 4Q conservative. The EPS estimates for 2005 and 2006 have been raised from $1.35 to $1.40 and from $1.56 to $1.60, respectively,” newratings.com reports.

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