“Kaufman Brothers analyst Shaw Wu today raised his price target on shares of Apple (AAPL) to $395 from $380, writing that momentum for Apple’s iPhone and iPad appear to be better of late than he’d predicted,” Tiernan Ray reports for Barron’s.
For the holiday quarter, Wu “now sees the company selling 4.2 million Macs, up from 4 million; 6.1 million iPads (up from 5.5 million), 16 million iPhones (up from 15.5 million), and 17 million iPods, up from 16 million,” Ray reports.
Read more in the full article here.
Laura Goldman, were are youoo Laura Goldman?
Another firm increased their target to $ 420 today. Average target price for firms that I am tracking is over $ 390.
Don’t know that Wu is the king of accuracy but I sure wish Lt. Dan had bought me some shares in a fruit company.