Sterne Agee Reiterates Buy on Apple

Sterne Agee reiterated its Buy rating on Apple AAPL. At the moment, Sterne Agee has a price target of $460 placed on the company's stock. On Tuesday, Apple added 1.80% to its value to finish the day at $349.43. Its shares lost some of yesterday's gains in today's pre-market trading, however, after falling 0.24% to stand around $348.60.