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 TipRanks.com, 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.