Citigroup on Monday added Apple to its list of recommended stocks, alongside McDonaldis and Alltel. "Appleis recent share price weakness presents an attractive entry point into a company with strong fundamentals and a likelihood of taking market share in the PC business, Citigroup said in a research note dated June 23," according to Reuters.
Citigroup has a US$75 price target on the shares, which were down 0.36% to $58.62 at 2:55 PM EST on Monday, despite a broader upturn in the Nasdaq.
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