23.05.2008 17:50 Uhr, Quelle: MacNN

Goldman Sachs puts AAPL on 'conviction buy' list

Financial firm Goldman Sachs has added Apple stock to its "conviction buy" list, Reuters writes. This is based largely on expectations for the 3G iPhone, which the firm agrees will launch next month, and contribute substantially to Apple's profits. Sachs analyst David Bailey has correspondingly raised the stock target for Apple from $185 to $220

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