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Canaccord's T. Michael Walkley is reiterating his Buy rating on Apple (AAPL) and boosting his PT...

  • Friday, July 8, 2011, 9:24 AM ET
    Canaccord's T. Michael Walkley is reiterating his Buy rating on Apple (AAPL) and boosting his PT to $500 from $485. EPS estimates for FY2011 and FY2012 are also being lifted. Walkey's June channel checks indicated strong demand for the iPhone and iPad. This dovetails with Pacific Crest's report yesterday of strong iPhone demand.
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This news story has 3 comments:

  •  
    Good grief! How do these people have a job. He wants a average investor to risk their capital for a .03 % gain, so he can sell them his stock. This game is only for full time gamblers.
    8 Jul 2011, 09:32 AM Reply Like
  •  
    The stock is just shy of $360/share. He only boosted his PT and EPS estimates. He is saying his PT is now 38% or so above today's share price. $500/share will be reached in 2012 due to pure earnings growth. I am more then happy to "gamble" with this stock!
    10 Jul 2011, 10:08 AM Reply Like
  •  
    Facts are facts, all supplier chains to AAPL seem to be happy campers.

    Long October calls
    11 Jul 2011, 11:02 AM Reply Like
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