Merrill Lynch Reiterates AAPL As "Buy," Raises Target || The Mac Observer

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Merrill Lynch Reiterates AAPL As "Buy," Raises Target

Merrill Lynch Reiterates AAPL As "Buy," Raises Target

by , 1:30 PM EDT, October 4th, 2004

NewRatings.com is reporting that Merrill Lynch has reiterated its rating for Apple's stock as a Buy. The firm has also raised its target price for the stock to US$44 from$39. There are no other details at this time, but we have requested the research note from Merrill Lynch, and will update this story when we get it.

If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Observer Comments

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Close Name:Guest
Mon Oct 04, 2004 2:26 pm Subject: $39

The stock is at $39. I thought they raised it to $44

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Close Name:Guest
Mon Oct 04, 2004 2:27 pm Subject: buy at $39

Does that mean Merril Lynch is unloading their Apple at $39 and encouraging people to buy at $39?

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Close Name:pourhadi Posts: 55 Joined: 15 Aug 2004
Mon Oct 04, 2004 2:56 pm Subject: Hmm

It Apple keeps this up, that Death Knell counter of yours may lose its purpose...

Then again, there's always Enderle.

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Close Name:Bryan - TMO Staff Posts: 7340 Joined: 11 Jun 2001
Mon Oct 04, 2004 4:10 pm Subject: Re: $39

Quote
Anonymous wrote:
The stock is at $39. I thought they raised it to $44

Thanks for the note, Guest. The article has been corrected accordingly.

Bryan
Editor
TMO

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