Stifel Nicolaus ups Apple price target to $390

“Stifel Nicolaus analyst Doug Reid raised his estimates on Apple… [and] ratcheted up his target price on the shares to $390, from $360,” The Wall Street Journal reports.

WSJ reports, “Barclays Capital’s Ben Reitzes is also at $390. Piper Jaffray’s Gene Munster has a 12-month price target of $431 on Apple. Bernstein’s Toni Sacconaghi is at $375, to name a few…”

Full article here.

[Thanks to MacDailyNews Reader “Judge Bork” for the heads up.]