$85.71. Piper Jaffray’s Gene Munster talked up Apple’s prospects last week, and he has a Buy rating with a $730 price target. The new post-split target would be $104.28.
Goldman Sachs kept its Buy rating and raised its price target for Apple to $720 from $635 right at the end of May. The new implied target price would be $102.85.
Argus recently maintained its Buy rating and hiked its target to $700 from a prior target of $610. The new implied price target is $100.00 even.
Wells Fargo also recently maintained a rating of Market Perform, but the price target range was taken higher to $595 to $640. The new target range would be considered $85.00 to $91.43. Apple shares were up 1.4% at $93.52 in mid-afternoon trading on Monday. Its adjusted 52-week range is $55.55 to $93.80, and the consensus price target has currently been adjusted to $91.74. We would give that consensus price target a few days to fully adjust as there are nearly 50 analysts covering it.