Canaccord Genuity Reiterates a 'Buy' on Apple (AAPL); Gap in Transition From iPhone 4 to 5
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Wedbush Boosts Price Target on Apple (AAPL) 11% Ahead of iPhone 5 Event
September 4, 2012 9:11 AM EDTWedbush boosted estimates and its price target on Outperform-rated Apple (NASDAQ: AAPL) from $800 to $885 citing an earlier-than-expected iPhone 5 launch and likely mini iPad introduction in FQ1 2013.
Analyst Scott Sutherland said they now expect Apple to introduce the iPhone 5, along with iOS 6, in a press event on September 12. They expect sales to start September 21 given... More
