Banc of America reiterates ‘Buy’ rating on Apple, raises price target

Analysts at Banc of America Securities have reiterated their “Buy” rating on Apple Computer (AAPL).

Banc of America Securities’ target price for AAPL has been raised from $79 to $84.

Related articles:
Soleil reiterates ‘Buy’ rating on Apple, raises target price – October 19, 2006
JMP Securities reiterates ‘Strong Buy’ rating on Apple, raises target price – October 19, 2006
Analysts now clearly see Apple Mac resurgence – October 19, 2006
Analyst: Apple formula working to lead Mac resurgence, Apple’s growth rate should accelerate in ‘07 – October 19, 2006
BW: Record-breaking quarterly Mac sales put Apple into the running for a top computer-maker spot – October 19, 2006
Jim Cramer: Apple’s quarter showed how poorly the also-rans are faring – October 19, 2006
Apple profit rises 27%, Mac up 30%, iPod up 35%; stock jumps – October 19, 2006
IDC: Apple Mac attained 5.8% of U.S. market share in Q3 06 – October 18, 2006
Gartner: Apple Mac grabbed 6.1% of U.S. market share in Q3 06 – October 18, 2006
Apple Financial Results Conference Call Q4-2006 Live Notes – October 18, 2006
Apple shares rocket 6.5% in after-hours trading on stellar earnings report – October 18, 2006
Apple Q4 earnings results: $546M net profit on $4.84B revenue, sold 1.61M Macs, 8.729M iPods – October 18, 2006


  1. I just can’t wait to hear about the next exciting new product from Dell.
    You know, the one that will turn the company around?

    ” width=”19″ height=”19″ alt=”raspberry” style=”border:0;” />

    Sorry Mike. Your days as a sh|tbox seller are coming to an end. Next time you fall off a horse, maybe you should quit riding.

    MW: “wish” (…I had bought a *LOT* more at $9.87)

  2. How typical! So, the idiot anal-ists at BOA concede that Apple will actually go up in the next twelve months from $79 to $84. Whoopie doo!

    I will be shocked if the gain over the next year isn’t an order of magnitude higher. But, it doesn’t matter for me. Apple will do its thing and go from victory to victory over the screams of the denial from the idiots. Buy AAPL and ignore the mooooooooooing herd.

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