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Jefferies Starts Apple (AAPL) at Buy

October 5, 2010 7:14 AM EDT Send to a Friend
Get Alerts AAPL Hot Sheet
Price: $100.88 +0.35%

Rating Summary:
    56 Buy, 9 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 8 | New: 0
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Jefferies initiates coverage on Apple Inc. (Nasdaq: AAPL) with a Buy rating and $365 price target.

The firm states, "We see plenty of more runway for AAPL, including considerable FY11 catalysts and a tablet market that we think is being vastly underestimated by the Street. Our AAPL ests are the highest on the Street for this quarter and next."




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