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Bear Stearns sets $100 price target on Apple

A story on Marketwatch today notes that Bear Stearns analyst Andrew Neff raised his 12-month price target on Apple to US$100 a share, saying he is “optimistic about Apple’s continued innovation and twin drivers” of iPods and Intel-based Macs. Apple’s stock rose 70 cents to $92.47 in early trading today.

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