Credit Suisse First Boston Ups Apple’s Stock Rating

· by · Apple Stock Watch

Credit Suisse First Boston has upped its rating on AAPL from a "sell at US$25" to a hold. The firm says it is becoming "less negative" on the stock. From a mention in TheStreet.com:

We are becoming less negative on the stock and are no longer recommending selling the stock at $25. Although the company might miss the March quarter due to higher component costs and below-plan new iMac volumes, management will stress the issues as temporary. Maintain Hold.

You can find the original article published at Yahoo!.

Bryan Chaffin

Bryan Chaffin

Bryan is the cofounder of The Mac Observer and currently serves as Afternoon Editor. He has contributed to MacAddict and MacFormat magazines, and coauthored Incredible iPad Apps for Dummies with Bob "Dr. Mac" LeVitus.

You can find out more about Bryan at his personal site, GeekTells, or follow him on Twitter @TMOBryan.

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