“Analysts at Credit Suisse upped their price target on Apple Inc. to $140 from $130 on Thursday morning,” Amanda Schiavo reports for TheStreet.
“The firm said it raised its price target on the iPad maker based on the apparent strong demand for the iPhone,” Schiavo reports. “‘We conclude that Apple likely has over 400 million iPhone users. Based on this analysis and taking into account a superior ecosystem, compute advantage and quickening replacement rate, we conclude that our already above consensus EPS projections of $9.25/$10.04 for CY2015/CY2016 may be conservative,’ Credit Suisse said.”
Read more in the full article here.
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Apple shares hit new all-time intraday and closing highs – February 4, 2015
Apparent ? How about slam dunk hat trick !
AAPL’s flirting with $120. very soon investors won’t see it is @ $119.99 .
You want a good laugh. Since earnings were reported Amazon’s share price has gone up nearly $100 for making $0.45 in profits. Now that’s what I call getting mucho bang for the buck. I believe Apple went up about $10-$12 for breaking an all-time profit record of $18 billion for the quarter. What’s wrong with that picture? Everything.
Of course, I laugh my way to the bank. 🙂
I am addicted to AAPL and its products.
In addition to the ecosystem, profits on Apple stock help attract and provide funds for the “premium” priced goods Apple sells.
I believe AAPL will close above $120s today.
I predict AAPL will reach $142.86 before the end of 2015.
Ich comprendo. Not sure about the other folks.
They’re really going out on a limb for a company that only announced a 37% increase in profit.
All told, $135 to $140 seems like a realistic target by the end of March, representing a 12% to 16% move. Consider that Apple stock has already moved 10% in only six trading sessions. And after breaking through its base and justifying its breakout potential, investors not biting into Apple stock are foolish.
http://investorplace.com/2015/02/aapl-apple-stock-ready-breakout/#.VNPJyWTF8Yc