Time to invest in, say, Orange. – Ilene
Apple Praise Borders On Hyperbole
Courtesy of Joshua M Brown, The Reformed Broker
Every single living, breathing analyst on Wall Street (and some that are deceased) has come out with a bull call on Apple ($AAPL) this morning on the heels of the company’s blockbuster first quarter earnings announcement. In over a decade trading this market, I have never seen anything like this analyst lovefest.
Never.
Don’t believe me? How ’bout this?
Clyde Montevirgen, Standard & Poor’s: Buy rating; new target $295, up from $270.
Samuel Wilson, JMP Securities: Market Outperform rating; target to $290, from $260.
Peter Misek, Canaccord Adams: Buy rating; target to $325, from $300.
Robert Cihra, Caris & Co.: Buy rating; target to $310, from $300.
Tavis McCourt, Morgan Keegan: Outperform rating; target now $325.
Keith Bachman, BMO Capital: Outperform rating, target now $290, up from $265.
Doug Reid, Thomas Weisel Partners: Overweight rating; target to $320, from $300.
Andy Hargreaves, Pacific Crest: Outperform; target to $330, from $300.
Jeffrey Fidicaro, Susquehanna: Positive rating; target to $300, from $275.
Shaw Wu, Kaufman Bros.: Buy rating; target to $315, from $305.
Scott Craig, Bank of America/Merrill Lynch: Repeats Buy rating; target to $300 from $260.
Mike Abramsky, RBC Capital: Outperform rating; target to $350, from $275.
Gene Munster, Piper Jaffray: Overweight rating; target to $323, from $299.
Toni Sacconaghi, Bernstein Research: Overweight rating; target to $300, from $275.
Yair Reiner, Oppenheimer: Outperform rating; target to $320, from $285.
Mark Moskowitz, J.P. Morgan: Overweight rating; target to $316m, from $305.
Richard Gardner, Citigroup: Buy rating; target to $320, from $300.
Phil Cusick, Macquarie: Outperform rating; target to $325, from $250.
Bill Shope: Credit Suisse: Outperform rating; target to $315, from $300.
Ben Reitzes, Barclays Capital: Overweight rating; target to $315, from $300.
Katy Huberty, Morgan Stanley: Overweight rating; target to $275, from $250.
Chris Whitmore, Deutsche Bank: Buy rating; target to $350 from $325.
Told ya.
