28.12.2009 18:50 Uhr, Quelle: MacNN

Analysts raise Apple stock targets based on iPhone

Two major analysts have raised their price targets for Apple stock, largely based on the iPhone. Brian Marshall of Broadpoint.AmTech has pushed his target from $235 to $260, citing a forecast of 11.3 million iPhones, versus Street consensus of 8.8 million. While US sales are forecast to fall 20 percent sequentially to 2.5 million, international sales are predicted to more than double, rising to 8.8 million in the same timeframe.

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