Watch for a wave of upgrades if Apple breaks $220
Apple at $218.10: Look whose price targets are underwater now.
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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Steven M. Peters
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