An analyst for the Thomas Weisel research firm, Doug Reid, says he has raised his estimates for Apple's stock performance based on meetings with the company's management. EPS for the 2009 fiscal year is now expected to be $5.83 instead of $5.77, while the FY10 figure has been raised from $6.06 to $6.51. A price target of $180 has been set for Apple stock, with an Overweight rating.
