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Apple Tech News

Analyst Hikes Apple Rating Post-Black Friday

A ThinkEquity analyst raised his target price on Apple for the second time in as many months on Monday, predicting a "likely upside" to his retail store sales estimate following a Black Friday survey. Analyst Jonathan Hoopes kept his "Buy" rating on the company known for its Macs and iPods, and boosted his target price to US$110 from $100. Hoopes last raised his target price on Sept. 25. Hoopes surveyed 28 Apple retail stores on Nov. 24 -- the day after Thanksgiving known as "Black Friday."
Read more at: http://www.macnewsworld.com/rsstory/54431.html.

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