MARKET PULSE-Apple, Sony, Oncolytics, Biodel, BlackBerry
Sept. 9 (Reuters) - Some U.S. stocks to watch on Monday:
FUTURES RISE AFTER CHINA DATA; SYRIA CONCERNS REMAIN
U.S. stock index futures advanced in the wake of upbeat economic data from China, though concerns remained about a potential strike against Syria. S&P 500 futures rose 3.3 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 25 points, and Nasdaq 100 futures added 11.75 points.
** APPLE INC, Friday close $498.22, up 1.2 pct premarket
Brokerage FBN Securities raised its price target on the company's stock to $600 from $575 in anticipation of Apple making an announcement of its iPhone 5S and iPhone 5C on Tuesday. The brokerage said it expected the phones to start shipping on Sept. 20. FBN sees the iPhone 5C as an opportunity for Apple to be successful in China.
** ONCOLYTICS BIOTECH INC, Friday close $2.65, up 17 pct premarket Continued...