S&P 500
7,614.00
-0.11%
Dow Jones
51,326.00
-0.09%
Nasdaq 100
30,630.60
-0.28%
Russell 2000
2,927.38
-0.19%
FTSE 100
10,382.60
-0.05%
Nikkei 225
68,184.20
+1.01%

Investing

The $654 Apple Analyst Call (AAPL)

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published

A report came out in our analyst summaries this morning showing That Apple Inc. (NASDAQ: AAPL) had been raised to an “Outperform” from a “Neutral” rating and the new price target is $654.00 per share.  It was titled as the ongoing “BULL OF THE DAY” in the report.

After a stellar first quarter, Zacks maintains that Apple is the greatest technology growth story with “its superior product pipeline, Apps, strong iCloud revenues, the upcoming iPad 3 update, loyal customer base and international expansion going forward.”

Even the legal complexities and competition in the iPad and iPhone segments do not interrupt the optimism over its success growing in developing markets as they have a growth in the middle class.

Apple shares are up 0.5% at $533.00 and the 52-week trading range is $310.50 to $548.21; Thomson Reuters has a consensus price target of $575.23 on Apple as of today.

FULL REPORT

JON C. OGG

Follow 24/7 Wall St. on Google
Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Jon C. Ogg |

Top Apple Analyst Trims Shipment Expectations Ahead of Earnings (AAPL)

Apple Inc. (NASDAQ: AAPL) is ‘all systems go’ again if its share price of late is any real indicator.  All…

Douglas A. McIntyre |

Apple Loses Market Share in Tablets, Nokia in Smartphones (AAPL, GOOG, NOK, SSNLF, MMI, RIMM)

The iPad from Apple Inc. (NASDAQ: AAPL) lost nearly 20% of its 96% share of the tablet market in the…

Jon C. Ogg |

Meet The New $710 Apple Analyst Target (AAPL)

It was just yesterday that Jefferies raised its Apple Inc. (NASDAQ: AAPL) price target to $699 from $599 in a research…

Jon C. Ogg |

Another Analyst Shows Caution in iPhone Sales (AAPL)

It was just last week that we saw Credit Suisse issue a note of caution in Apple Inc. (NASDAQ: AAPL)…

Apple Still DJIA’s Best Performing Stock of 2017
Paul Ausick |

Apple Still DJIA’s Best Performing Stock of 2017

Apple shares gained less than 1% last week, but that was still enough to keep the company as the year's…

Why Analysts Keep Rekindling Apple Interest
Chris Lange |

Why Analysts Keep Rekindling Apple Interest

Apple reported its first-quarter earnings this past week, and the stock popped and analysts chased it even higher.

Jon C. Ogg |

Apple Heading to $750, Premium iPhone Launch Sooner Than Expected in 2013

courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) is still heading to $750, or at least that is what Canaccord Genuity…

What’s Up With Apple: Blowout Q2 Earnings Converts Goldman Sachs 
Paul Ausick |

What’s Up With Apple: Blowout Q2 Earnings Converts Goldman Sachs 

Apple reported second-quarter earnings that easily topped expectations and turned a long-time bear, if not into a bull, at least…

Douglas A. McIntyre |

Apple to Sell 28 Million iPads in 2011?

Apple (NASDAQ: AAPL may be on target to sell 28 million iPads next year, which would almost certainly help lift…

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 153,197,465
Enphase Energy
ENPH • Vol: 8,360,053
Corning
GLW • Vol: 18,152,646
Alexandria Real Estate Equities
ARE • Vol: 4,337,015
Aptiv
APTV • Vol: 6,761,325

Top Losing Stocks

Trade Desk
TTD • Vol: 21,905,513
Intuit
INTU • Vol: 7,383,018
Coterra Energy
CTRA • Vol: 73,319,495
Cboe Global Markets
CBOE • Vol: 5,000,011
HP
HPQ • Vol: 29,259,826