04.06.2010 18:20 Uhr, Quelle: MacNN

Susquehanna ups AAPL target to $325

An analyst with Susquehanna Financial has raised a price target for Apple stock from $300 to $325, citing the iPad as a main cause. "The iPad continues to sell at a better-than-expected pace, and should be fueled by geographic expansion and expanding use cases," says Jeffrey Fidacaro. The comment is a reference to Apple topping 2 million in iPad sales, and planning to add yet more regions to its distribution scheme throughout the year. In July, places including Austria, Belgium, Ireland, Mexico, the Netherlands and New Zealand will get their first iPads.

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