Brokerage firm UBS has raised Apple’s price target to US$100 from $86, reports MarketWatch. “While expectations ran high heading into this keynote in terms of product possibilities, we believe Apple’s performance in the first quarter 2006 far outweighs any product announcements made (or not made) at the event and should drive momentum in shares,” the broker said in the story. In addition, UBS has kept a “Buy” rating on the stock.
