Analysts boost targets after Apple’s tour de force special event

“Wall Street analysts slightly raised their earnings and price targets for Apple Inc. following a blitz of new products and services the company unveiled earlier this week,” Steven Russolillo reports for The Wall Street Journal. “”

“Analysts now expect Apple to report fiscal 2015 earnings of $7.08 a share, on average, up 1% from $7.01 last week, according to data compiled by Factset,” Russolillo reports. “The consensus profit target for fiscal 2016 rose 1.8% to $7.84 a share.”

Russolillo reports, “Many stuck to their buy ratings and boosted their price targets amid a general feeling that the stock will keep rallying.”

Read more in the full article here.

10 Comments

          1. Oh dear, don’t encourage me in THAT direction! There is actually an infamous history of computers within the current story series, a sort of subplot I wrote years back that fits in perfectly. But I have not gone in the direction of non-EM driven computers, at least not yet. Non-EM alternatives for everything else! Just not computers at this point. I supposed I’ll have to address that at some point!

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