W.R. Hambrecht ups Apple price target to $257

“W.R. Hambrecht analyst Matthew Kather on Monday raised his price target on Apple Inc.’s (AAPL) stock to $257 a share from $238,” Rex Crum reports for MarketWatch.

“In a research note, Kather said that despite challenges in consumer spending, he expects Apple’s stock to outperform the broader tech market due to the the outlook for Macintosh PC and iPhone sales,” Crum reports.

Full article here.

12 Comments

  1. What part of “buy low and sell high” dumbfounds these stockholders? It is currently a long way below value. If I had any cash to put into stocks, I’d be buying every share I could find.

  2. If I called a newspaper reporter & said that I was somebody, would they accept it without verifying who it was?

    The author who wrote a blog calling himself Steve Jobs, for a very long time made people unsure whether it was the real Steve god or a fake one.

    Haven’t we all learned that lesson yet?

    adolescent girls & children are fooled by grown men and women into sordid situations that authorities round the world are trying to counter & yet the most (supposedly knowledgeable of people will capitalise on an individuals personal problem to whore hits!!

  3. The problem with these “Price Targets” they never come with dates. Here is one:

    I am upping my Price Target for Apple to be over $1000. As long as AAPL stays in existence, I know I am bound to be correct.

  4. Wonder if Guntenberg’s stock went through these kind of fluctuations and manipulations as he was developing and perfecting, so to speak, the Original Macintosh ?

    Oh well, guess some things can’t be measured by money. ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

    Change the World™

    BC

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