Apple (AAPL: sentiment, chart, options) shares are trading at a 4-month high today following some bullish analyst commentary. Shaw Wu of American Technology Research raised his rating on AAPL from "neutral" to "buy," and set his price target for the stock at $210. Wu noted that he sees "a very strong second-half [sic] driven by new iPhones and new portable Macs... any pullback on concern of a somewhat soft June should be bought."

Today's AmTech upgrade reverses the brokerage firm's downgrade of AAPL just a few weeks ago, as reported by Brokerage Notes guru Mark Fightmaster. The unabashedly recidivist Wu admitted, "We overestimated the potential negative reaction on the quarter and in hindsight should have moderated our near-term posture rather than downgrading."

AmTech isn't the only firm showing AAPL some love today. RBC Capital Markets reiterated its "outperform" rating on the shares, and raised its price target from $200 to $220. (Eagle-eyed readers may remember from the aforementioned Brokerage Notes installment that RBC has quite the penchant for raising its AAPL target of late.)

At last check, AAPL is 1.8% higher to trade near $184.25. The shares are about 11% shy of their average 12-month price target from the analyst community, which Thomson Financial reports as $204.04.