A slew of firms have revised their price targets upwards on Apple Inc. (AAPL) following the Mac- and iPod-maker’s stellar earnings report yesterday:
Apple Inc. price target increases:
• Citigroup: to $105 from $98
• UBS: to $124 from $118
• Piper Jaffray : to $124 from $99
• Prudential: to $100 from $90
• Bear Stearns: to $130 from $125
Related article:
Apple smashes Street, posts revenue of $7.1 billion and record net quarterly profit of $1 billion – January 17, 2007