Monday, March 25, 2013

AAPL: In adding Apple (AAPL +0.9%) to its Most...

11:38 AM In adding Apple (AAPL +0.9%) to its Most Preferred list, UBS names dividend/buyback hikes, a low-end iPhone, and a calendar Q4 China Mobile deal as possible catalysts. Separately, the firm has replaced H-P (HPQ +0.3%) with Fusion-io (FIO -0.9%) on its Least Preferred list, citing concerns Fusion-io's forecast for 40% Q/Q growth in the June quarter may prove optimistic. Apple is replacing Mellanox (MLNX +0.2%) on the Most Preferred list - UBS doubts much positive news will be provided on Mellanox's Q1 call. Read comments

AAPL price at time of publication: $466.15. Check AAPL price now »

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