18.01.2012 09:05 Uhr, Quelle: AppleInsider

RBC ups Apple stock price target to $525 due to 'iPhone frenzy'

Investment bank RBC upped its price target for shares of Apple from $500 to $525 on Wednesday on expectations that the company will solidly beat Wall Street estimates for the first quarter of fiscal 2012 and offer healthy guidance going into the second quarter.

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