Shares of Apple Computer (AAPL Quote) pushed further into record territory Monday, boosted by a pair of favorable reports from Wall Street analysts.
Caris analyst Mark Stahlman upgraded Apple's shares to above average from average in a report Monday, saying the company will soon roll out a series of upgraded computers and other products. While other computer makers have had trouble garnering interest for their high-end offerings, Apple's updated computers will likely stand out, he said in a research note.
"Apple is, in many ways, the ultimate 'upsell,' ... potentially more attractive than ever to leading-edge customers," Stahlman said in his note. "Apple's value proposition continues to steadily improve in a highly dynamic marketplace." Stahlman's firm hasn't done recent investment banking business for Apple. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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