Apple (AAPL) Started at Buy with $260 Price Target -Calyon

December 7, 2009 5:29 PM EST
Get Alerts AAPL Hot Sheet
Price: $142.94 -2.14%

Rating Summary:
    44 Buy, 20 Hold, 5 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 3 | Down: 3 | New: 21
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Shares of Apple (Nasdaq: AAPL) are moving very modestly higher in this evening's after-hours session as we are hearing that an analyst at Calyon Securities has initiated coverage on the stock with a Buy rating and a $260 price target.

With Apple shares closing at $188.95 today, the firm's new price target represents potential price appreciation of more than 37% form where the stock is trading today.

Click here to see all the analyst action on shares of Apple.

Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, as well as sells various related software, services, peripherals, and networking solutions.

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