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People wait on a street in front of an Apple store as they await sales of the new iPad in the Apple store in Munich March 16, 2012.
People wait on a street in front of an Apple store as they await sales of the new iPad in the Apple store in Munich March 16, 2012.
(MICHAELA REHLE/REUTERS)

Analyst sees Apple shares surging 50% over the next year

Inside the Market’s roundup of some of today’s key analyst actions. This post will be updated with more analyst commentary during the trading day.

Cantor Fitzgerald analyst Brian White thinks shares in Apple Inc. will rise more than 50 per cent over the next year with the help of a batch of new and improved consumer products.