In other news, Philip Elmer-Dewitt of Fortune's Apple 2.0 has noted that Susquehanna has upped its target price for AAPL to $465. There seems to be a bandwagon mentality that analysts are jumping onto. He goes on to say that Charles Wolf of the Needem Funds raised his estimate to $450, a jump of $75. Meanwhile, Brian White of Ticonderoga kept firm on his price target of $550. This is most likely based on AAPL breaking out of a trading range with support at $326 and resistance at $345.60 causing everyone to reshuffle their estimates.
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