“With Apple shares in record-high territory, two investment banks on Friday raised their price targets on the iPhone maker,” Patrick Seitz reports for Investor’s Business Daily.
“Nomura Instinet reiterated its buy rating on Apple and raised its price target to 165 from 135,” Seitz reports. “Needham upped its price target on Apple to 165 from 150, but lowered its rating to buy from strong buy.”
“Apple finished 0.2% lower at 140.64 on the stock market today. The stock hit a record high of 142.80 on Tuesday,” Seitz reports. “Needham analyst Laura Martin said Apple stock remains a top pick because of its strong iPhone business, solid profit margins and low valuation.”
Read more in the full article here.
MacDailyNews Take: Next week, $142.86?
TTK!
SEE ALSO:
Instinet ups Apple target price to $165 – March 24, 2017
Apple shares hit new all-time intraday and closing highs – March 20, 2017
Apple shares hit new all-time intraday and closing highs – March 16, 2017
Apple shares hit new all-time intraday and closing highs – March 15, 2017
Following President Trump’s address to Congress, Dow surges 300 points to blast past 21,000 for first time – March 1, 2017
Apple shares hit new all-time intraday and closing highs – February 22, 2017
Apple shares hit new all-time intraday and closing highs – February 21, 2017
Apple shares hit new all-time closing high – February 17, 2017
Apple shares hit new all-time intraday and closing highs – February 15, 2017
Apple shares hit new all-time intraday and closing highs – February 14, 2017
Apple shares hit new all-time closing high – February 13, 2017
Apple smashes Street; iPhone, Services, Mac and Apple Watch set all-time records – January 31, 2017
Dow hits record milestone of 20,000 on high hopes for Trump administration – January 25, 2017
International Monetary Fund boosts growth forecast for US, citing President-elect Donald Trump’s policies – January 17, 2017
Boosted by Trump rally and Apple, Wall Street parties like it’s 19,999 – January 6, 2017
Wall Street indexes hit record highs as Trump rally continues – December 8, 2016
What does “TTK” mean?
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Wow! What a bold move after AAPL has been near or over 140 for a while. It is like I always say, they raise predictions after a stock has already risen substantially and lower them after a stock has already dropped.
analysts have perfect 20/20 review vision.
Hindsight
New high, or new high not. There is no flirt.
With the failure of Trumpcare (for the life of me I can’t figure out why the self-imposed deadline if it wasn’t ready) it’s quite possible as a result Trump will have little influence on taxed corporate profit repatriation reform. This will effect Apple rising stock price I would think. Being rash and failing on the first big thing will effect everything that follows since everything else here on out will look suspiciously ill-considered & conceived, even if it’s a good idea.
7 years of obstruction and grandstanding have left the GOP inept and weak between the ears.
Perhaps the GOP is beginning to get a sense of what it feels like to face constant dissent, obfuscation, resistance, and obstruction. Derves them right for being such jerks all these years. Karma is a bitch, dudes!
Yes, true. Republicans haven’t read any bill in 7 years, they just voted no to everything the Dems proposed. They didn’t even try to work with Obama to find any common ground whatsoever. Now the republican party doesn’t have any idea how to draft a bill.
Without collaboration and compromise at all levels, the nation will stagnate and start circling the bowl.
Trump now says he’s going to move to another issue. Don’t bother, Trump. It’s not your job to bully legislators. Go back to your Florida resort and work on your golf game, let pragmatic congressmen forge a bilateral bill without your interference (and without the help of your corrupt cabinet).
Does Obamacare needs to change to Trumpcare?. The answer is NO!. Trump stupid is not a good leader, he will last for another year by far before the impeachment. He’d only do more harm to this country than good. God saves America!.
You’re actually saying the exact same thing conservatives said about Obama. Well, except we were right about Obamacare failing miserably – reducing competition, raising premiums, reducing coverage, and raising deductibles to the point where most folks never actually meet the deductible. And let’s not forget the unemployment and underemployment caused by Obamacare – a result of employers being either unwilling or unable to provide health insurance for their employees, especially once the rates started going up.
But unfortunately, instead of Obama being impeached, he had two terms – 8 long years.
“But unfortunately, instead Obama being impeached, he da two long terms – 8 long year.”
What does it say to you?. The people choices of their president!.😃👍🇺🇸