Apple stock deemed oversold, rallies on bullish reports
Wall Street analysts pounded the table for Apple (AAPL) on Tuesday, encouraging investors to buy shares after its steep recent sell-off. Wells Fargo Securities analyst Maynard Um upgraded his rating on Apple stock to outperform from market perform, with a fair value of 125 to 135. Apple was up about 1% to near 104 just ahead of the closing bell in the stock market today. It topped 111 earlier in the day before stocks broadly pulled back. Apple CEO