Scalper1 News
With Apple stock within striking distance of its all-time high, reached nearly two years ago, some Wall Street analysts are setting price targets that have Apple coming even closer, just a hair’s breadth away from the high mark. Apple (AAPL) hit its split-adjusted record high of 100.82 in September 2012. It fell to as low as 55.07 in the interim but has steadily retaken lost ground since mid-2013. In afternoon trading Thursday, Apple stock was down 2% near 92. RBC Capital Markets analyst Amit Daryanani on Thursday raised his price target on Apple stock to 100 from 96 and reiterated his outperform rating. He cited the company’s second-half 2014 lineup of products for his optimism. The products that he expects include the bigger screen iPhone 6 (with 4.7-inch and 5.5-inch display models), an iWatch smartwatch-fitness band and a refreshed iPad tablet line, Daryanani said. He does not expect Apple… . Scalper1 News
Scalper1 News