Jefferies Maintains a 'Buy' on Apple (AAPL); It's Here and You Know You Want It!

Jefferies maintains a 'Buy' on Apple (NASDAQ: AAPL) price target of $900.00.

Analyst, Peter Misek, said, "Overall the iPhone 5 announcement was in-line with previews, though we think the phone is launching at more carriers and sooner than many investors expected. We believe the launch schedule implies that supply constraints are not as bad as some feared. We see numerous catalysts for the shares to perform well over the next couple months and the next year."

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 $669.79 yesterday.

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