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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: nokomis who wrote (48215)4/11/2002 8:10:35 AM
From: SusieQ1065  Read Replies (1) | Respond to of 208838
 
07:29 ET AAPL Apple Computer upgraded at UBS (24.66)
UBS Warburg upgrades to STRONG BUY from Hold due to strong new products and APPL's ability to be a leader in developing pervasive computing opportunities. While firm is concerned that the co will miss Q2 expectations (firm's est is below consensus), they believe that the 2H02 outlook should be stronger than expected and that the co should be able to outperform Wintel competitors. Raises FY02 est to $0.53 from $0.49 and FY03 to $0.85 from $0.72, and raises price target to $30.50 from $23.