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aapl Sterne Agee Ups Apple Target to $620 on iPad Potential

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

Continue reading aapl Sterne Agee Ups Apple Target to $620 on iPad Potential

March 4th, 2012 | Tags: , | Category: Technology | Leave a comment

Aapl (NASDAQ) – Apple – Stock Price Target for 2012

Aapl (NASDAQ) – Apple – Stock Price Target for 2012 –

1. Estimated Sales 2012 = $204.54 Billion

2. Estimated Profit Margin = 27.864%

3. Net Profit = $56.99 Billion

4. Estimated 950.64 Million Shares Outstanding

5. Estimated EPS = $59.94

6. Forward PE = 10.33 (msn money)

                Stock Target Quote for Apple = $ 619.18 USDOther Target Prices

09-Feb-12 Reiterated Needham Buy $540 → $620 09-Feb-12 Reiterated Canaccord Genuity Buy $650 → $665 09-Feb-12 Initiated

Continue reading Aapl (NASDAQ) – Apple – Stock Price Target for 2012

March 4th, 2012 | Tags: , , , , , | Category: Technology | Leave a comment