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"After Apple's earnings blowout and big guidance, JP Morgan analyst Mark Moskowitz is slapping a $400 price target on the stock," Jay Yarow reports for The BusinessInsider.
Moskowitz's bullet points for why Apple will soar:
• Big results should focus investors back on the model
• Gross margins come in well above prior guidance
• iPad roars out of the gate
• We believe Apple is trading like a value stock and not as the high-growth story in large cap equities
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76' 911s Signature Edition
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