Merrill Lynch Reiterates AAPL As "Buy," Raises Target

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.

<!--#include virtual="/includes/newsite/series/stockwatch.shtml"-->