Tuesday, April 3, 2012

Apple to $1000 or $1001

On the day that I finally started to take profits in Apple $AAPL, selling almost half our our long option position comes a report from Piper Jaffray analyst Gene Munster who raised his Apple price target from $718 to $910.  Munster noted to clients that he believes the stock could hit $1,000 a share and points to Apple TV as a catalyst to get there.  Yesterday Brian White with Topeka Securities set a $1,001 price target on the stock.

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