Apple remains in positive light with analysts at First Albany and Piper Jaffray issuing positive assessments on the company's second quarter performance in the week before its financial announcements due.
Apple will detail its results on April 13.
First Albany is confident on the company, maintaining a 'buy' rating on its shares at a 12-month price target of $49. Apple is expected to return results that exceed expectations, "since iPod sales and operating leverage are likely to have been better than was expected".
Piper Jaffray meanwhile repeated its 'outperform' rating on Apple with a target stock price of $50. iPod's popularity among teenagers was cited as part of the rationale.
Apple shares climbed $1.23 to close at $43.56 last night.