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Updated from 1:21 p.m. EST
Apple (AAPL Quote) shares surged to a new high Wednesday, a day after their eye-popping runup on the rollout of the highly anticipated iPhone.
CEO Steve Jobs unveiled the iPod-based mobile phone during the MacWorld Conference in San Francisco Tuesday. "We're going to make some history together today," Jobs said as he took the stage.
Apple's stock was similarly working on new history. After rising 8% Tuesday, Apple tacked on nearly another 5% Wednesday, setting a new closing high of $97. Merrill Lynch boosted its price target on the stock to $113 from $102, and Bear Stearns took its target to $120 from $100. ...
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