Citigroup adds Apple Computer (AAPL) to recommended ‘buy’ list

Citigroup has added Apple Computer Inc. (AAPL) to its investment research recommended list with a “buy” rating, according to a report from Reuters.

“Apple’s recent share price weakness presents an attractive entry point into a company with strong fundamentals and a likelihood of taking market share in the PC business, Citigroup said in a research note dated June 23. The brokerage has a $75 price target on the stock,” Reuters reports.

Full article here.

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8 Comments

  1. I wouldn’t buy anything before thursdays FED announcement of increasing interest rates.

    I’d be surprised if Bernanke raised rates. Current inflation pressure is coming from energy prices, and raising rates will not slow worldwide demand for oil.

  2. Same day different side of mouth…

    Pervious MDN thread today : http://macdailynews.com/index.php/weblog/comments/9984/ Please note MDN take

    MDN – “Wall Street charlatans, er… analysts?”

    <u>I repeat:</u> Yet everytime a charlatan, er…analyst predicts growth or recommends a buy, MDN happily prints it. Put your money (no pun intended) where your mouth is MDN and stop printing AAPL stock analyst reports if they are all charlatans as you so blatantly state. Which side of your mouth are you going to talk out of today? MDN’s take is typical “See no evil, hear no evil, speak no evil”. MDN’s credibility is trading as an OTC stock.

  3. A positive stock analyst review and MDN calls analysts geniuses.
    A negative stock analyst review and MDN calls them something negative such as Wall Street charlatans.

    The MDN boys have little credibility. We all get a chuckle out of their ignorance. (They got a new Mac book but can´t figure out how to put Windows on it.)

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