Apple Thoughts: Apple Given Short-Term Buy Rating by UBS

"UBS analyst Maynard Um this morning issued a short-term Buy rating on Apple (AAPL), while maintaining his long-term Neutral rating on the shares. He also increased his target price to $170, from $160."

This rating was issued yesterday, and Um believes several factors support his rating, including potential sales figures from the refreshed MacBook line, a possible deal with Verizon on as yet to be named data product, the increased sales of iPhone 3GS and wireless deals in China. Lot of speculating but that is what they do isn't it?