For Immediate Release
Chicago, IL – 03/19/2012 – Zacks highlights commentary from People and Picks Trader “DiviMo”.
For more Voice of the People, visit http://at.zacks.com/?id=5851
The Daily Apple: Monster Lines for the iPad around the World!
The stock is down 1% this morning to $580. The 'sell on the news event' syndrome, you know.
Oppenheimer raises Apple price target to $700 from $570; rating outperform.
The new iPad has faster chips, fourth generation wireless, a crisper display, a better camera, making it harder for competitors like Samsung's galaxy which lacks apples apps and content, to catch up.
UBS raises Apple's price target to 675.
UBS says expects Apple to launch redesigned iPhone5 in October.
iPhone5 is now the big catalyst that will drive the stock shares higher.
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