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Analyst bases Apple target on iPhone potential (Market Watch)

Friday 20 July 2007 @ 1:55 pm

SAN FRANCISCO (MarketWatch) — Apple Inc.’s iPhone has been on the market less than a month, but Piper Jaffray analyst already Gene Munster believes the potential for the combination iPod and mobile phone is so great that on Friday he raised his price target on Apple’s stock, to $205 a share.

[News Source]

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