Split

Financial Mirror (Cyprus) - - FRONT PAGE -

$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.

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