“Shares of Apple Inc. are gaining, up 1.18% to $115.33 in afternoon trading Tuesday, following the technology company’s price target increases by analysts at BTIG and Oppenheimer,” Kurumi Fukushima reports for TheStreet.
“The consumer technology company had its price target raised to $135 from $128 by analysts at BTIG,” Fukushima reports. “The firm expects Apple to benefit from a higher mix of larger capacity iPhones, driven by the larger screens and improved video recording capabilities.”
“The iPhone maker also had its price target increased to $130 from $115 by analysts at Oppenheimer,” Fukushima reports. “The firm said Apple is well positioned for the long-term, and added that the company has developed the most comprehensive and complementary product portfolio.”
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To infinity and beyond
“Merry Christmas and a Happy New Year” he shouted as visions of Benjamins and Grovers danced madly in his head.