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Bear Stearns rasies Apple price target to $72 from $60

“Apple Computer Inc. rose 1.8 percent before the bell on Monday after Bear Stearns raised its share price target on the company to $72 from $60,” Reuters reports. “On the Inet electronic brokerage system, Apple rose $1.12 to $63.80 from its Friday close of $62.68 on the Nasdaq.”

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AAPL is currently trading at $63.87. NASDAQ quote (15 min. delay) for Apple Computer here.

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