By Tiernan Ray
Sterne Agee’s Shaw Wu this morning raised his price target on Apple (AAPL) shares to $620 from $550, after raising his estimates for the company in anticipation of what he expects will be the unveiling of a new iPad on March 7th.
Apple sent out a notice to press yesterday about a “special event” on March 7th, which is widely believed to be the iPad 3 debut.
Wu thinks the new model will be a “significant” change
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