Tag: forbes-piper-jaffray

Forbes: ‘Apple Poised For In-Line Or Better March Quarter’

A story on Forbes today notes that Gene Munster, a research analyst at Piper Jaffray, maintained an “outperform rating on Apple, saying the company is “poised to post results that are in-line to slightly above expectations for the March quarter.” Munster cautioned, however, that these extrapolations are based on only one month in the quarter, January. His 12-month price target for the stock remains at US$103. Read More

Analyst: 2006 will be ‘more robust’ for Apple than 2005

Gene Munster, a Piper Jaffray research analyst, Gene Munster, maintained an “outperform” rating and US$79 price target on Apple after “follow-up checks on iPod inventory showed third-party retailers struggling to replenish supply,” reports Forbes. “Late last week, Munster found that eight of ten Apple stores in his checks had all varieties of iPod in stock, while only two of the 20 third-party retailers checked had all varieties of iPod, but not all colors,” notes the story.

Read More

Forbes: “Apple Continues To Boost Production Efficiency”

Forbes is reporting that Piper Jaffray maintained an “outperform” rating on Apple with a US$52 price target, citing the company’s improved production efficiency and strong demand. “Apple is continuing to improve production efficiency as supported by the fact that most products are being shipped on the same business day as the day of the order placement,” the research firm said.

Read More