UBS ups Apple Computer target price to $108

UBS Investment Research today raised its price target for Apple Computer Inc. from $95 to $108 per share.

“Our checks point toward solid iPod sales for new shuffles and certain nanos along with momentum in Macs and prospects for higher accessories and software longer-term,” the research firm said in a note to clients.

Shares of Apple Computer are currently trading up $1.92, or 2.14%, at $91.46.

Related articles:
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5 Comments

  1. Apple haven’t announced any new products for quite a while (in Apple-time) despite new competitor offerings, so the higher share price must be reflecting either increasing sales or confidence, or both.

    Magic word ‘now’ as in ‘Now. Where did I put that piggy bank? I need to buy some shares.’

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