“Sales should get a further boost from the expected arrival early next year of the Verizon iPhone, making Apple less dependent on AT&T’s worst-in-class network,” Lee writes. “Add in a second generation iPad and such innovations as the ‘iWallet’ payment system for the iPhone and it’s easy to see why analysts continue to boost their price targets for the company.”
Lee reports, “The median target price of analysts tracked by Alacra Pulse is $375, unchanged from October, while the mean has risen to $376.53 from $374.76. All 38 tracked analysts have a positive rating on the company.”
Full article, with the current 12-month price targets of selected sell-side and independent analysts, here.
[Thanks to MacDailyNews Reader “Dow C.” for the heads up.]