Jefferies analyst Peter Misek rated Apple (NASDAQ:AAPL) from "Hold" to "Buy" on Monday, with a new price target of $600 from his previous price target of $425. He said that his rating for Apple was motivated by a recent Asia trip where he observed a "substantial shift in attitudes toward Apple."

"Despite still seeing risk to CQ4 and FY13 revs, we now believe better GMs will allow Apple to skate by until iPhone 6 launches with its 4.8" screen," Misek said. "We est ~50% of smartphone shipments have >4" screens and that iPhone 6 will catalyze a large upgrade cycle. The stock is attractive based on the attitude change, FY15 revs >+15%, and valuation," Mr Misek stated.

Analysts at BMO Capital also raised their price target on Apple market share from $480 to $508 on Friday. The firm's rating for Apple (NASDAQ:AAPL) was "Outperform," seeing a strong market preference for the iPhone 5s at 66 per cent as compared to preference for the iPhone 5c at 18 per cent and 4s at 16 per cent.

The analyst said that they are lowering their iPhone unit estimate while they raised their iPhone ASPs.

"...we now assume iPhone unit growth of 10% in FY2014 and 3% in FY2015, compared to our previous forecast of 13% and 11%, respectively. We are also lowering our iPad forecast as 1) we think demand continues to trend weaker; and 2) we are now including a large-screen iPhone in our forecast in mid CY2014," the firm stated.

Apple Inc. real time stock quote as of Oct 8, 2013 is $487.70, with 4.67 increase at 0.96 per cent, based on real time data published by NASDAQ OMX.

Per Apple's stock information published on their Web site (for information purposes only), Apple (NASDAQ:AAPL) is at $487.75 as of 4:15 ET, Oct 7 2013. It opened at $486.56, day's high at 492.65 and day's low 485.35, with a 52 week-high at 666.00 and 52-week low at 385.10.

Meanwhile, Apple confirms the Q4 FY13 earnings release conference call set on Monday, Oct 28, 2013, at 2:00 pm PT/5:00 pm ET. The earnings release will cover Apple's operational revenue from July through September, which also includes a report of the first full week of sales for the iPhone 5s and iPhone 5c.