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Zacks highlights commentary from People and Picks Member «DiviMo».
For more Voice of the People, visit http://at.zacks.com/?id=7872
The Daily Apple: Monster lines for the ipad around the world!
The stock is down 1% this morning to $580. The 'sell on the news event' syndrome, you know.
Oppenheimer raises Apple price target to $700 from $570; rating outperform.
The new iPad has faster chips, fourth generation wireless, a crisper display, a better camera, making it harder for competitors like Samsung's galaxy which lacks apples apps and content, to catch up.
UBS raises Apple's price target to 675.
UBS says expects Apple to launch redesigned iPhone5 in October.
iPhone5 is now the big catalyst that will drive the stock shares higher.
The most recent picks by «DiviMo» are:
A buy rating on Home Depot ( HD - Analyst Report ) ,
a buy rating on Pacific Sunwear ( PSUN - Snapshot Report ) and
a buy rating on Chico's FAS ( CHS - Snapshot Report ) .
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