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:
ThinkEquity reiterates ‘buy’ rating, raises Apple price target to $110 – November 27, 2006
Analyst sees strong sales of Apple iPods over three-day kick-off to holiday shopping season – November 26, 2006
Apple Computer shares hit new all-time high for fourth straight day – November 24, 2006
Banc of America raises Apple Computer price target, reiterates ‘buy’ rating – November 24, 2006
Apple shares continue upward surge; hit new all-time highs in morning trading – November 24, 2006
Apple Computer shares crack $90, hit new all-time high for third straight day – November 22, 2006
Apple shares hit another new all-time high – November 21, 2006
Expert: ‘Apple will be a triple-digit stock in a matter of months’ – November 21, 2006
Apple shares hit new all-time high – November 20, 2006


  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.’

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.