Analyst Keith Bachman of Banc of America Securities maintained his “buy” rating on Apple Computer (AAPL) with his target price of $48.
Apple Computer’s Mac Mini product portfolio is likely to significantly strengthen the company’s market share and distribution channels in the long term and that the company would witness substantial opportunities for market share gains in the forthcoming quarters through third-party channels, without employing much capital, Bachman stated today in a research note.
[Attribution: newratings.com]
