Site icon MacDailyNews

W.R. Hambrecht reiterates ‘Buy” on Apple, ups target price

W.R. Hambrecht analyst Matthew Kather has reiterated his “Buy” rating on Apple Inc. (AAPL) and raised target price from $203 to $218.

In a note to clients today, Kather advises using Apple current drop in price “to patiently accumulate shares” ahead of new products, including the 3G iPhone expected in May-June 2008.

[Thanks to MacDailyNews Reader “Judge Bork” for the heads up.]

Related articles:
Needham upgrades Apple from ‘Buy’ to ‘Strong Buy’ – January 23, 2008
Analysts see opportunity in Apple’s sell-off – January 23, 2008
TheStreet.com: Apple poised for a comeback – January 23, 2008
Can one ‘bad’ Apple spoil a whole barrel of tech stocks? – January 23, 2008
Why did Apple give such ‘low’ guidance? – January 23, 2008
Apple reports best quarterly revenue and earnings in company history, Street panics – January 23, 2008
Experts say Apple well-insulated against market chill; AAPL is a steal – January 23, 2008
Analyst: Apple was going down to $130 no matter what results they posted – January 22, 2008
Notes from the bleeding edge: Apple’s Q1 08 financial results conference call – January 22, 2008
Shares of Apple plunge more than 11% in after-hours trading – January 22, 2008
Apple beats Street; reports best quarterly revenue and earnings in company history – January 22, 2008

Exit mobile version