How high will AAPL fly?
Wall Street, caught flat footed by Apple's latest earnings, issues a slew of new price targets
Having scrambled to catch up to Apple's (AAPL) rising share price in advance of the company's quarterly earnings report, analysts fell over themselves the next day issuing price targets to reflect the buying orgy that took the stock over $202 a share in after-hours trading Monday.
According to the running list maintained at AAPLinvestors.net, 23 analysts raised their targets on Tuesday, to prices that ranged from $210 (Goldman Sach's David Bailey) to $280 (UBS' Maynard Ums).
The AAPLinvestor list, maintained as a labor of love by a former adman (and Apple shareholder) named Terry Gregory, is copied below the fold. [Note Gregory does not include Jim Cramer's price target; you can draw your own conclusions.]
See also:
- Apple earnings set new record; shares explode in after-hours trading
- Apple earnings: How the analysts got it so wrong
- Rethinking Apple's price targets
- Apple analysts scramble to catch up
[Follow Philip Elmer-DeWitt on Twitter @philiped]
