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Stock Market & Financial Investment News

News Breaks
December 28, 2009
07:32 EDTAAPLApple estimates raised at Thomas Weisel
Thomas Weisel raised Apple estimates based on positive checks that indicate iPhone and iMac December quarter demand is tracking ahead of expectations. The firm raised December quarter non GAAP estimate to $3.55/$15.15B from $3.36/$14.64B and 2010 to $11.23/$$53.47B from $11.08/$52.96B. Price target goes to $250 from $245. Shares are Overweight rated.
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