Think Apple (AAPL) Is Cheap? So Does ThinkPanmure: Going to $225

Think the 3G iPhone is the new iPod and Apple’s (AAPL) stock is cheap? The unfortunately named brokerage firm ThinkPanmure agrees with you. They raised their target $30 to $225 and recommend building core positions to take advantage of recent weakness.

ThinkPanmure has Apple (AAPL) at BUY, target from $195 to $225.

See Also:
Apple’s iPhone 3G Already Looking Big In Japan (AAPL)
Apple (AAPL): iPhone Sales Could Exceed 25% of Apple’s Revenue in 2009
Apple’s iPhone 3G Is The New iPod, Sales To Triple (AAPL)

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