Piper Jaffray boosts Apple price target from $205 to $211

Piper Jaffray analyst Gene Munster has reiterated his “Outperform” rating on Apple Inc. (AAPL) after describing Apple’s iPhone launch as a “success.”

Munster raised his price target on Apple from $205 to $211 per share.

“It is more important that Apple builds the iPhone segment for the long term than for an impressive launch day number.” Munster said in a note to clients.

29 Comments

  1. Who said he is “looking at what analysts say”?

    He, like many of us, read this bull crap on MDN to maybe become more educated. We don’t use MDN analyst blurbs as our brokerage advice.

    There is nothing wrong with asking a question that no one here has yet answered including you HAB.

    Really, what the hell does “usually 12 to 18 months” mean anyway? It means almost nothing at all!

  2. “He, like many of us, read this bull crap on MDN to maybe become more educated. “

    to sum up, it is “crap” but it will educate you.

    what were you educated with BEFORE?!?

    ….and yet some still doubt evolution.

  3. Eight months ago Piper Jaffray set a target of only $99 dollars (for this December.) We are so past that now.

    Does anybody have the link for their 52-week target from last July? I wish the link were included in the MDN related articles feed.

  4. yeah, you guessed it, i am going to give a stupidity alert here. You want these Analyst’s to give a good outlook into the future of stocks, especially if you own the stocks.
    This is what you look for: The low end (Bank of America) and then the high end (Munster and crew, and some certain swiss outfits) then if AAPL (or whatever company) falls within the numbers at around 35-45 (using 100 as a sample) then you want to buy. If AAPL (or whatever company) falls in at 75-85 (again, using 100 as a sample) then you want to sell. That is how easy the stock market is to play. Now be prepared to only make about 10% on your money, and unless you have time to follow your stocks all day ( I don’t) you might find it hard to make that.

    That being what it may, I like making 7-8% on my money, instead of trying to play the market for big gains at one time. Anal-systs are great if you use their information.

  5. Peach Picker,

    Does anybody have the link for their 52-week target from last July? I wish the link were included in the MDN related articles feed.

    Scroll down to the bottom of this (or any) page, type in “Piper” and hit return.

  6. Gene Munster of Piper Jaffray has led all the others by a mile.

    I think MDN should have an article dedicated to their predictions and successes in forcasting AAPL over the last two years..

    Their scorecard should be pretty hot and I wouldn’t bet against $211 either.

    As I said elsewhere, forget iPhone, forget iPod, forget AppleTV even, the really BIG story is the resurgence of the Apple Mac.

    Ot has the potential alone to to take AAPL stratospheric because all the big IT influencers have largely switched already and the following surge is on the way. No doubt.

    Windows is stuck in the 90’s, let’s face it guys!

  7. Hard Cold facts
    Macs:

    1. Unix is not a great way to base a Desktop PC,
    2. Apple does not make much margin
    3. Apple retail will not work long term
    4. Steve is to cool
    5. Apple need to come to NZ
    6. OS X will be on a PC soon
    7. English do not Like macs
    8. OS 9.0 was better in small tasks.
    9. Boeing beats Airbus, who are going to be bankrupt soon.
    10. I am bored and have no Girlfriend and earn 40,000
    11. If Clinton or Obama become president – will be scarry
    12. Apple cannot keep up demand ,.
    13. China murder people daily and we should not be trading with so easily
    15. Internet will become paid
    16. No life exists in Mars etc
    17. Area 51 etc unfortunately are boring and have no aliens
    18. Einstein was bored also
    20. Gay Unions will come to USA.
    21. Hiphop Music is bad for you, I think
    22. Not all good ideas are the ones which become default
    23. Australia media hurts with Patronization.
    24. Starbucks Make Good coffee.
    25. Golf is Boring
    26. America has to many Guns around,
    28. Ford make respectable cars
    30. Fox and News is cool David Letterman, is cool
    31. Why do people like gold so much?
    33. sometime many smart people do not get recognised
    34. Should I buy Chinese products when people are hurt making them?

    35. Do women like guys which hurt them?

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