Following yesterdays financial results the market has reacted badly, to less than expected Mac shipments. But almost every analyst has raised their price targets.

During Apple’s first fiscal quarter of 2007 the company shipped 1,606,000 Macs, around 300,000 less then expected by some analysts.

Also a concern to investors and analysts was the company’s guidance for its second fiscal quarter. The company predicted between 54 and 56 cents per-share earnings on revenue of $4.8 billion to $4.9 billion.

The following firms have adjusted their price target on Apple:

  • American Technology Research - $99 to $115 - Buy rating
  • Goldman Sachs - $102 to $110
  • Soleil - $100 to $115
  • Bear Stearns - $125 to $130
  • Prudential - $90 to $100
  • PiperJaffray - $99 to $124
  • UBS - $99 to $124
  • Citigroup - $98 to $105
  • ThinkEquity - $110 to $120