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MrWhy.com » Videos » Piper Jaffray Recommends Owning Apple Ahead of June’s Earnin |
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Piper Jaffray Recommends Owning Apple Ahead of June’s Earnin
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Piper Jaffray Recommends Owning Apple Ahead of June’s Earnin
This morning, Piper Jaffray recommended owning Apple (NASDAQ:AAPL) shares into the company’s June quarter results on expectations the news flow will turn more positive in the second half of 2011. The firm thinks Apple will report its typical better than expected quarter, and expects positive news flow in the second half from a spike in iPhone sales in the September quarter and strong holiday iPad sales. The firm keeps an Overweight rating on shares with a $554 price target.Apple has a potential upside of 27.7% based on a current price of $358.02 and an average consensus analyst price target of $457.24.
Video Length: 0
Date Found: July 14, 2011
Date Produced: July 14, 2011
View Count: 0
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