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Citigroup adds Apple to recommended list

Citigroup has added Apple to its investment research recommended list, reports Reurters. “Apple’s recent share price weakness presents an attractive entry point into a company with strong fundamentals and a likelihood of taking market share in the PC business, Citigroup said in a research note dated June 23. The brokerage has a US$75 price target on the stock, which rose 25 cents to $59.08 in morning trade on the Nasdaq.”

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