Instinet ups Apple target price to $165

“Apple Inc. had its target price lifted by analysts at Instinet to $165.00 in a report released on Friday. Instinet’s target price points to a potential upside of 17.09% from the stock’s current price,” ABMN reports.

“A number of other research firms have also commented on AAPL,” ABMN reports. “Credit Suisse Group AG reaffirmed an ‘outperform’ rating and set a $150.00 target price on shares of Apple in a report on Wednesday, December 7th.”

“Canaccord Genuity lifted their target price on shares of Apple from $140.00 to $142.00 and gave the stock a ‘buy’ rating in a report on Wednesday, February 1st,” ABMN reports. “Needham & Company LLC reaffirmed a “top pick” rating and set a $150.00 target price on shares of Apple in a report on Tuesday, January 24th.”

Read more in the full article here.

MacDailyNews Take: Booyah!

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