Watch for a wave of upgrades if Apple breaks $220

By Steven M. Peters Updated Jan 11, 7:07PM EST · Published Aug 20, 10:20AM EDT

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No Apple analyst can stay underwater forever.

When Apple crossed $218 Monday, 14 analysts were in the blue and three more were $1.90 away.

Click to enlarge. Corrections appreciated.

My take: When a bullish firm like Piper Jaffray is underwater, you know something’s got to give.

Below: Past year’s performance, no guarantees.

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Contact [email protected] for any questions or corrections.

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