“UBS lifted its price target on Apple to $182 from $175 on expectations many more products could be introduced between now and March 2008,” Reuters reports.
Apple shares rose $2.95, or %2.18, to stand at $138.44 in current NASDAQ trading.
Full article here.
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Sounds like a set-up to make the stock tank.
Apple could release new products. . .we have no idea what they might be but we’re so confident of their impact we’ll raise the target price. That has got to be the most telling statement I’ve seen this decade.
many more products could be introduced between now and March 2008
Ya thank?
A weak attempt at making the stock move. Of course new products will come out – at Macworld for one. Anyone could “predict” that.
Yeah, it tells you that the analysts don’t know SQUAT!
KW: george – as in “duh, george”
cant see much more on the horizon, mac pros and maybe macbook bump :s
…and of course, Leopard.
And what about the 8″ or 10″ OS X MacPad.
..a tablet version of the iPhone.
THIS JUST IN!!!!
APPLE WILL RELEASE NEW PRODUCTS!!!!
“oh no!! buy all the stock you can, apple is going to make a new product???? no way!?!?!?” – psyched analyst
I say new Mac Pros. Aprils’ announcement just added the high end dual quad core cpu. So current Pro has been out for a year plus.