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Thursday, September 10, 2009

Apple Inc. AAPL Stock Upgraded at Deutsche Bank

September 10, 2009 - After the key event yesterday, Apple Inc. (AAPL) is getting an upgrade from Deutsche Bank today.

Price Target = $225

Deutsche Bank found Apple's iPod event in-line with expectations, but feels most were likely disappointed by the lack of video in the new Touch. The firm reiterates a Buy rating on the stock with a $225 price target.

I am personally watching out for when AAPL stock hits $190 as this is a major resistance level. During 2008, Apple Inc. (AAPL) hit and failed at $190 several times.

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