Bear Stearns raises its price target on Apple (AAPL) to $249

December 6, 2007 7:26 AM EST
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Bear Stearns raises its price target on Apple Inc. (Nasdaq: AAPL) from $243 to $249 and raises FY08 EPS estiamtes from $5.25 to $5.40.

Shares of Apple closed at $185.50 yesterday.

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