Kaufman analyst Wu ups Apple price target from $380 to $395

“Kaufman Brothers analyst Shaw Wu today raised his price target on shares of Apple (AAPL) to $395 from $380, writing that momentum for Apple’s iPhone and iPad appear to be better of late than he’d predicted,” Tiernan Ray reports for Barron’s.

For the holiday quarter, Wu “now sees the company selling 4.2 million Macs, up from 4 million; 6.1 million iPads (up from 5.5 million), 16 million iPhones (up from 15.5 million), and 17 million iPods, up from 16 million,” Ray reports.

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