Gene Munster raises stock target on Apple shares to $348

Mon, Jun 21, 2010

Finance, News

Piper Jaffray analyst Gene Munster issued a note to investors last Wednesday upping his target price for Apple shares to $348, up from a previous target of $330.

Regarding the iPhone, Munster now expects Apple to sell 9.5 million units in the June quarter alone, up from a previous estimate of 8.5 million units.



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