Bear Stearns raises Apple price target to $100

Bear Stearns analyst Andrew Neff this morning raised his 12-month price target on Apple’s stock from $94 to $100 per share.

In a note to clients, Neff said that he is “optimistic about Apple’s continued innovation and twin drivers” of iPods and Intel-based Macs.

Bear Stearns maintains a rating of “Outperform” on Apple shares.

Related articles:
S&P reiterates ‘Buy’ on Apple Computer, raises price target to $110 – November 29, 2006
Apple shares rise to record as Mac, iPod sales surge – November 28, 2006
UBS ups Apple Computer target price to $108 – November 28, 2006
ThinkEquity reiterates ‘buy’ rating, raises Apple price target to $110 – November 27, 2006
Analyst sees strong sales of Apple iPods over three-day kick-off to holiday shopping season – November 26, 2006
Apple Computer shares hit new all-time high for fourth straight day – November 24, 2006
Banc of America raises Apple Computer price target, reiterates ‘buy’ rating – November 24, 2006
Apple shares continue upward surge; hit new all-time highs in morning trading – November 24, 2006
Apple Computer shares crack $90, hit new all-time high for third straight day – November 22, 2006
Apple shares hit another new all-time high – November 21, 2006
Expert: ‘Apple will be a triple-digit stock in a matter of months’ – November 21, 2006
Apple shares hit new all-time high – November 20, 2006


  1. Big friggin’ deal! Who cares what some running-with-the-herd “analyst” has to say. That’s not even a tough call, and it’s already been made by others, so it’s just useless drivvle meant to make him feel important, and very, very safe.

  2. @huh?

    drivvle? C’mon. Even an analyst could tell you that if you had a Mac you could spell check your comments in both Safari and Firefox with a convenient right-click or control-click. In Safari you can even bring up the dictionary if you’re unsure of the word’s meaning.

    Typical negativity and poor grammar from just another M$ fanboy. Lose the Windows machine and get a Mac already.

  3. I can’t remember who it was, but a couple of months ago an analyst raised their target to a dollar below what the price actually was that day. The whole ‘price target’ metric seems so random and arbitrary the more I follow it, so I no longer do.
    Here is all you need to know –

    All Your Digital Media Delivery Methods Are Belong To Apple.

    And the stock is going up, and will continue to go up, because no one else in anywhere NEAR Apple in this game.
    If anyone could do it, then it would be MS, with their vast resources.
    And MS fell on their face like Gerald Ford on greased roller-skates.
    So there is ONE GAME IN TOWN.
    And Apple owns it.

    This is certainly not rocket science.


    MW: ‘middle’ (-man box-assemblers unite. You’re gonna have to)

  4. A lot of this depends on their strategy. if they’re very conservative, they’ll do what Chrissy described. If they’re more speculative, they’ll be like Piper Jaffray who looks out to the future quite a bit. Not all investment houses are attracted to stocks like AAPL because it can be a tad volatile. So, while some are aggressive and seem to be bullish on Apple, others are a bit skittish when it comes to fast moving stocks.

  5. Or maybe it’s down because Kim Jong Il is gonna be iPod-less.
    Recent checks indicate he personally bought 380,000 U2 iPod Special Editions last week alone.
    Homeboy *loves* his Dre.


    MW: ‘economic’ (forecasters often ignore Apple’s mind-control-death-ray)

  6. @Steve Balmer

    I always like to leeve one mispelling up there to snag anal-retentive fools. <hint: don’t take the bait>

    Incidently, I guess Safari or Firefox didn’t catch your sentence fragments and non-standard contractions (c’mon, fer example,) thus you must by default be a M$ fanboy, right? Don’t buy into too much of your own smug assumptions, because one thing you will be is, well…, wrong.

  7. @huh

    Just admit you were wrong. Why is that so hard for you Windows trolls? Anyone can see you’re making the mispelling thing up. Denial ain’t just a river in Egypt.

    Yes, there are non-standard contractions in my post. I make no excuses and I apologize.

    See how easy that was?

    Come over to the light side. I don’t think I’ve ever met a Mac user who was so miserable, fearful and defensive. Your Windows machine sucks, you know it sucks and you’re taking it out on the world. Let it go. Spare us contented Mac users your Windows-borne misery.

    Have a nice day.

    Oh, and it’s Ballmer with two ‘l’s. That’s two mispellings and you said you only “like to leeve [sic] one mispelling up there.” That makes you a miserable, fearful, defensive Windows troll and a liar too.

    That’s alright. I get to work on a Mac. I still hope you have a nice day.

  8. @low self esteem riddled Steve Ballmer,

    What got your shorts wedged up your crack, anyway? I didn’t make an anti-Mac comment, if you actually read my first comment. I was commenting on the idiocy of analysts being safe and making predictions that won’t leave them out on any kind of a limb. The target price of AAPL of $100 is a no-brainer. That was my drift. But, then you came along and decided to needle my spelling of drivel (and no, I didn’t bother to use spell check – so what?? Get a life!) What’s your point in labeling me a “miserable, defensive, Windows troll?” Does it make you feel smart? Superior? Well, the funny thing is, it shows how truly ignorant and stupid you must be, since as I said in my second post, you are wrong. Simple as that. You don’t know what you’re talking about, so why don’t you just crawl back in your little hole and get off my back.

    I am a long time Mac user, AAPL stockholder and don’t really give a shit how much you want to nitpick mine, or anyone elses grammar. It might be fun for you, but it’s really boring to me.

    To me, the point of any communication is whether the person(s) you are addressing understand what it is you’re saying. I must have failed in my first post, since I didn’t consider the low level of IQ I might encounter on this forum. Consider me corrected. I’ll try to make it simpler next time, and of course, make sure all my Ts are crossed and Is are dotted, so you won’t be confused next time I make a point. Most folks can manage with slight distractions, like misspellings but nitpickers (if the shoe fits, feel free to wear it) love to obfuscate and pettifog the issues. I hope I don’t have to explain it more than this. And I am having a nice day, thanks, other than my exchange with a self-absorbed fool.

  9. @Stevie BaLLmer,

    Quoting you: “Just admit you were wrong. Why is that so hard for you Windows trolls? Anyone can see you’re making the mispelling thing up. Denial ain’t just a river in Egypt.

    BTW. It’s misspelling, not mispelling.


  10. @huh?

    Pardon my mistake in spelling “misspelling” but I’m a sucker for irony. The more I think about it I have to smile. Life is crazy, isn’t it? My conscience is clear. At least I have never used the word “pettifog”. Seriously. Pettifog? Tell me a bird flew in the window, typed those letters and then flew away. Nobody uses the word pettifog. That’s thesaurus abuse and I’m calling you on it.

    I still don’t believe you use a Mac. Are you sure that’s a Mac you’re working on? No Mac user I know is so thin-skinned, miserable, antagonistic and combative. If you’re really an AAPL stockholder you should be feeling pretty great about things these days. You should also feel good about your keen insight into Apple’s market performance, and especially good that you can track your financial gains in the warm glow of a Mac running OS X. From where I sit your glass is half full.

    Your misery doesn’t make me feel superior. It makes me feel sad. Turn that frown upside down. You don’t have to tear analysts, critics or MDN posters down to make yourself feel better do you? That’s just sad. It really isn’t the bad spelling or even use of the word “pettifog” that is offensive. IT’S YOUR MISERY. The same misery that comes from Windows trolls.

    Maybe you should trade in that Mac. Do me a favor: look around that computer you’re working on and see if it has one of those Microsoft Certificates of Authenticity stickers on it.

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