Sterne Agee Notes Apple (AAPL) Getting More Social and China Friendly
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Price: $431.77 -0.05%
Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
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Sterne Agee commented on Apple (NASDAQ: AAPL) following new software and hardware announcements from WWDC.
The firm comments, "While we found new Macs including the next-generation MacBook Pro with retina display impressive, we are more intrigued with the new Maps app, greater social networking integration, and greater focus on the China market. We find these "under the radar" software enhancements significant and will drive more adoption of the AAPL platform."
The firm maintained their Buy rating and price target of $780.00.
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple closed at $571.17 yesterday, with a 52 week range of $310.50-$644.00.
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The firm comments, "While we found new Macs including the next-generation MacBook Pro with retina display impressive, we are more intrigued with the new Maps app, greater social networking integration, and greater focus on the China market. We find these "under the radar" software enhancements significant and will drive more adoption of the AAPL platform."
The firm maintained their Buy rating and price target of $780.00.
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple closed at $571.17 yesterday, with a 52 week range of $310.50-$644.00.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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