“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.
Full article here.
Related MacDailyNews articles:
UBS reiterates ‘buy’ on Apple, raises estimates, sets share target price to $54 – July 14, 2005