Lehman Brothers starts coverage of Apple with $195 price target
Tuesday, April 22, 2008 - 08:44 AM EST Lehman Brothers has initiated coverage of Apple with an overweight rating and a $195 price target citing sales momentum and Macintosh share gains in Macs along with potential for open-ended growth with new iPhones and more new products."'Despite the economic environment, we do not believe that Apple's momentum has waned in Macs; in fact, Macs may have reached a tipping point with share on its way toward doubling over the next three to five years,' the broker said," Steve Goldstein reports for MarketWatch.
Full article here.


Bring it on. $195++;