Apple Inc (AAPL)

[fmikehugo]

08:59 AAPL Apple Computer: Tgt increase details (89.54 ) -Update-

...UBS raised their tgt on AAPL to $108 from $95. The firms checks point to solid iPod sales for new shuffles and certain Nanos along with momentum in Macs for higher accessories & software longer term. They continue to believe AAPL will launch new products in calendar '07, including cell phones, iTV & even ultraportable devices. Firm raises their 1Q07 EPS est to $0.80 (consensus $0.76) from $0.78, and raises their FY07 EPS est to $2.84 (consensus $2.71) from $2.75.