Kaufman Bros. ups Apple price target to $374

Apple Online Store“Kaufman Bros. Shaw Wu raised his Apple (AAPL) price target Monday from $350 to $374,” Philip Elmer-DeWitt reports for Fortune.

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In a note to clients, Wu explains his reasons:

• Strong iPad demand

• Strong Mac demand

• Strong iPhone demand

• Strong iPod demand

Full article here.

MacDailyNews Take: Four good reasons.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

14 Comments

  1. FREE iPads and iPods- Think Different…

    Can’t afford a new iPad, iPod or any other Apple mobile device?

    No worries, buy only 10-20 (at least) AAPL shares now and watch them go to $300+ by January at latest. 

    Take the easy sure profit and buy yourself one…

  2. There’s a chance the stock may be set for a big rise. On the other hand the recent run-up could be due to a session of profit taking before the end of this quarter.

    It would be great if $270 was the new bottom for aapl.

  3. Good for these talking heads. I agree, AAPL will pass $374 then $400 then $500 and even $1,000 some day. These guys need to man up a little and state by when. If not, it is just a happy feeling that another person on the planet also agrees that AAPL is going higher. That is why I own Apple’s stock and got some for my grand daughters too!

  4. Is that Charlie Kaufman and Donald Kaufman

    I think Shaw Wu played Robert McKee in the movie? … cos’ Shaw Wu has done some very creative writing / analysis in the past.

    ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

  5. @I’m a PCrap

    I assume you mean Microshaft’s stock. Fortunately when it falls no one will get killed from the very low height that the stocks at now.

    Don’t you all wonder if Bill Gates hasn’t already made the call to his college butt buddy Ballmer saying “what the f**k are you doing a**hole!!??!!”

  6. Please believe this:

    Every night I say a little prayer right before bedtime for Steve Ballmer, his health, and his continued business acumen at Microsoft. He is truly the Manchurian CEO of US technology firms, and I trust he will live long and prosper at the MS helm in Redmond. Nothing could bode more for AAPL than his continued leadership and inspiration to one and all.

  7. Thanks, I’m a PC. I just clicked on your URL above . . . only to be presented with a lovely aerial picture of some crop circles! CROP CIRCLES! What could be more representative of a Microsoft product than alien tomfoolery?

    Must … get … air …. Can’t … breathe … for … laughing … so … hard.

  8. I remember AAPL at $6-7 but not $3. Still kicking myself for not buying at $14, before the split. My stock I bought though in 2000 now is worth near 100G so not complaining.

    I ALWAYS knew Jobs would end up doing something like he’s done, upsetting the tech Apple cart. And like the Carpenters and song writer Paul Williams once sang “We’ve only just begun…”

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