“Robert Paul Leitao, who runs the Braeburn Group of independent Apple (AAPL) analysts, published the 12-month price targets of 15 Braeburn members on his Posts at Eventide website Saturday,” Philip Elmer-DeWitt reports for Fortune. “They range from a low of $700 to a high of $1,100, for an average of $890 a share.”
“How does that compare with the price targets of the analysts who cover Apple for Wall Street?” P.E.D. asks. “Frankly, considering that the professionals’ targets range from a bizzarre $270 to a market-high $1,200, it’s hard to tell who are the real pros and who the amateurs.”
Read more in the full article here.