Barron's, a financial arm of The Wall Street Journal's web network, passes on an interesting report today from Jefferies & Co.'s Peter Misek. The analyst has upped his stock price target for Apple to $800 per share on the back of new information regarding a TV set.
In an investor's note, sent out this morning, Misek said that his recent trip to China has given him "increased confidence" that Apple will be launching a TV this year. He claims, among other things, that he saw television components en route to Apple suppliers...