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roni

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roni

Re: None

Thursday, 06/07/2007 8:46:32 AM

Thursday, June 07, 2007 8:46:32 AM

Post# of 147299
Thu Jun 7, 2007 8:03AM EDT

NEW YORK (Reuters) - Shares of Apple Inc. (AAPL.O: Quote, Profile,Research rose more than 1 percent before the bell on Thursday after a brokerage raised its price target on the stock and commentator Jim Cramer recommended buying it on CNBC television.

Piper Jaffray raised its price target to $160 from $140. Cramer said during his show Apple was among his four top technology picks.

The stock rose to $125.10 -- a record -- in electronic trade from a close of $123.64.
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