New Analyst Initiates Coverage Of Apple

· by · Apple Stock Watch

Thomas Weisel Partners has initiated coverage on Appleis stock. Briefing.com is reporting that the investment firm is initiating coverage of the stock with a rating of "Attractive." The firmis target price for AAPL is US$32 per share.

Shares of Apple are trading at 23.64, down 0.34 (-1.42%), on light volume.

Spokespersons for Thomas Weisel Partners were not immediately available for comment.

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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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