Misek Boosts Apple, HSBC Slapped with Damage Claims, and 3 More Hot Stocks

Apple Inc. (NASDAQ:AAPL): Jefferies analyst Peter Misek, following a trip to Asia, has slapped Apple with a $600 price target — up from $425 — and a Buy rating. The voyage¬†showed a “substantial shift in attitudes toward Apple,” he said. Misek notes that fourth-quarter earnings may still have risks, but gross margins¬†will allow the company “to skate by” until the larger-screen iPhone 6 is released.

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