Apple Given New $800.00 Price Target at Canaccord Genuity (AAPL)

Date: 
2012-10-24
Firm: 
Goldman Sachs
Stock: 
3508
Price Target: 
810.00
Price Call: 
BUY
Last Price: 
Upside/Downside: 
+810.00 (∞%)
Firm: 
Sterne Agee
Stock: 
3508
Price Target: 
840.00
Price Call: 
BUY
Last Price: 
Upside/Downside: 
+840.00 (∞%)

Canaccord Genuity upped their price target on shares of Apple (NASDAQ: AAPL) from $797.00 to $800.00 in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock.

Several other analysts have also recently commented on the stock. Analysts at FBR Capital reiterated an “outperform” rating on shares of Apple in a research note to investors on Tuesday. They now have a $725.00 price target on the stock. Separately, analysts at Goldman Sachs reiterated a “buy” rating on shares of Apple in a research note to investors on Monday. They now have a $810.00 price target on the stock. Finally, analysts at Sterne Agee reiterated a “buy” rating on shares of Apple in a research note to investors on Friday, October 19th. They now have a $840.00 price target on the stock.

Discussions
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Dr. Michael Sunner

Why are the talking heads on CNBC talking about AAPL to 550 after earnings. I would think that the market has priced in an earnings miss, we're down about a $100 from the high. Does anyone really know? All of the industry analysts are saying buy and price targets are $700 to $800 plus. Is the small investor being set up again and again?

2012-10-24 17:52

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