Jeff Campbell
10-02-2009, 05:00 PM
<div class='os_post_top_link'><a href='http://www.macobserver.com/tmo/article/another_analyst_bumps_aapl_target_to_210_says_investors_underestimate_apple/' target='_blank'>http://www.macobserver.com/tmo/arti...estimate_apple/</a><br /><br /></div><p><em>"Another analyst has raised his price target for shares in Apple Inc. to US$210 per share, joining Thomas Weisel analyst Doug Reid who did the same thing on September 28th. Oppenheimer analyst Yair Reiner said in a research note that investors underestimate Apple's ability to generate profits from the iPhone, and moved his price target on the company's stock from $180 per share to $210."</em></p><p><em><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1254494118.usr105634.jpg" style="border: 1px solid #d2d2bb;" /></em></p><p>As of about 5 minutes ago, <a href="http://finance.yahoo.com/q?s=Aapl" target="_blank">Apple stock</a> was at $184.56 USD, up a little over $3.00 USD today. This target price increase is based partly on a story we talked about <a href="http://www.applethoughts.com/news/show/95308/accounting-changes-benefit-apple-and-others.html" target="_blank">previously</a>, where accounting changes were going to be a benefit to Apple and others that are being allowed to change how they account for subscription based sales. We shall see. </p>