ABG Sundal Collier Reiterates Hold Rating on Apple Following Icahn Announcement
August 14, 2013 at 11:24 AM EDT
In a report published Wednesday, ABG Sundal Collier analyst Per Lindberg reiterated a Hold rating and $400.00 price target on Apple (NASDAQ: AAPL ). In the report, ABG Sundal Collier noted, “While Carl Icahn's announcement of a ‘major' investment may inspire hopes of an accelerating buyback programme, we surmise that