Nomura hikes Apple price target to $210

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From a note to clients snagged by Smarter Analyst:


Nomura analyst Jeff Kvaal maintained a Hold rating on Apple (NASDAQ: AAPL) today and set a price target of $210. The company’s shares closed yesterday at $225.03, close to its 52-week high of $228.26.

Kvaal has an average return of 28.8% when recommending Apple.

According to, Kvaal is ranked #384 out of 4874 analysts.

[Commentary by Smarter Analtyst’s Brian Anderson]

According to Business Insider, Kvall maintains a Neutral rating on Apple. He raised his price target to $210 from $190. 

As friend-of-the-blog Michael Thompson put it:

Apparently he’s unaware that 210 is lower than 227.65.  Few have been more wrong, more often than Jeffrey Kvaal.