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Merrill Lynch Reiterates AAPL As "Buy," Raises Target

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NewRatings.com is reporting that Merrill Lynch has reiterated its rating for Appleis 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.

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