Piper Jaffray has upped its Apple price target to $732.
The firm believes Apple may introduce a smartwatch, and iPhone with a larger screen, and possibly new connected home technology.
Piper Jaffray has an “Overweight” rating on AAPL.
UBS has also raised its Apple price target to $700 on increasing confidence about U.S. iPhone sales.
The firm believes the iPhone upgrade cycle will benefit Apple sales later this year.
UBS maintained a “Buy” rating on Apple.
In addition, Goldman Sachs raised its Apple price target to $635 from $620. AAPL closed yesterday at $624.01.
Have the naysayers, FUD marketers and other assorted asshats been beaten back?
As for Goldman Sucks, yeah, it’s always a good idea to raise your target price when the current stock price is greater than your previous target price.
Bank robbing fsckers.
“Goldman Sachs raised its Apple price target to $635 from $620. AAPL closed yesterday at $624.01.”
And I am selling yesterdays winning Lotto numbers for only $12 daily.
apple analysts are like King Canute saying the waves will stop even as the Tsunami floods over them…
Wasn’t it Apple is doomed ?
Getting close to the famed 700 again. Only another 11% rise needed. The stock split will likely happen before then so the magic marker will be 100.
As usual, the “analysts” predict the future, AFTER the fact.