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fmikehugo

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fmikehugo

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Monday, 06/28/2004 8:02:46 AM

Monday, June 28, 2004 8:02:46 AM

Post# of 147296
07:48 AAPL Apple Computer upgraded to Outperform at Piper Jaffray (33.70 ) -- Update --

Piper Jaffray upgrades AAPL to Outperform from Mkt Perform and raises their target to $40 from $32, saying the Street is underestimating the digital convergence opportunity; firm believes this theme will gain momentum among investors, and they believe that success in digital convergence will spark underlying demand for Mac products.
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