Bank of Montreal (BMO) Capital analyst Keith Bachman has issued a note to investors raising price targets for AAPL to $675 (up from $590) as well as his estimate of iPad and iPhone sales for both the current quarter and the rest of 2012. He is particularly upbeat on iPads, saying that he thinks corporate adoption will continue and influence the stretching of PC replacement cycles, particularly replacing notebooks for many functions, Barron's reports.
