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Apple: Pacific Crest Ups Target, ’09 EPS Estimate

in News on June 23, 2008 at 11:17 am PT

Pacific Crest’s Andy Hargreaves this morning raised his price target on Apple (AAPL) to $235 from $225, and upped his EPS estimate for the September 2009 fiscal year to $6.55 from $6.20. The moves reflect his bullish views on the prospects for the iPhone.