Hudson Square Research Analyst Boosts Apple Inc.'s Target to $500 (AAPL)

Posted 10/15/2010 01:10 PM ET

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Oct 15, 2010 (SmarTrend News Watch via COMTEX) -- Apple Inc.'s (AAPL) target price has been hiked to $500 per share Friday, by an analyst at Hudson Square Research, reports BusinessInsider.com.

The bold move comes two days after shares of the tech giant broke above $300 per share for the first time on record.

Apple is scheduled to report its Q4 financial results on Monday, October 18th.