Stifel disclosed Apple (NASDAQ:AAPL), hiking its price target to $130.00 earlier today
- Updated: October 18, 2016
Reporting a potential upside of 0.11%, Stifel upped the price target of Apple (NASDAQ:AAPL) to $130.00
On Thursday October 13, 2016, Pacific Crest released a statement about Apple (NASDAQ:AAPL) upped the target price from $121.00 to $129.00 that suggested an upside of 0.10%.
Having a price of $117.55, Apple (NASDAQ:AAPL) traded 0.38% higher on the day. The last stock price is up 13.85% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. AAPL has recorded a 50-day moving average of $111.87 and a 200-day moving average of $103.64. 13,558,266 shares of AAPL traded hands, down from an average trading volume of 36,315,800
Recent Performance Chart
Apple has 52 week low of $89.47 and a 52 week high of $123.82 with a PE ratio of 13.76 and has a market capitalization of $0.
In addition to Stifel reporting its stock price target, a total of 36 brokerages have issued a research note on the company. The average stock price target is $124.23 with 17 brokerages rating the stock a strong buy, 22 brokerages rating the stock a buy, 8 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Apple (NASDAQ:AAPL)
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.
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