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Technology Stocks : Apple Inc.

AAPL 285.38

+0.7%

1:06 PM EST

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From: Moonray	1/9/2013 3:49:05 PM
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Credit Suisse Reiterates “Outperform” Rating on Apple (AAPL) Credit Suisse reiterated their outperform rating on shares of Apple (NASDAQ: AAPL) in a research note issued to investors on Monday. The firm currently has a $750.00 target price on the stock. “Reiterate Outperform, sustainable compute advantages. With a structural advantage in the broader compute market, Apple can continue to gain share in the PC and smartphone markets. Our EPS estimates for CY12/CY13 are $44.88/$60.19 or 3%/17% above consensus. Long term, we estimate Apple should deliver robust EPS growth of 25%, driving toward $75 earnings power. This leads us to reiterate our Outperform rating.,” Credit Suisse’s analyst wrote. More at: zolmax.com o~~~ O

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