BofA/Merrill Lynch Ratchets Up Apple Price Target to $770

April 13, 2012 7:49 AM EDT
Get Alerts AAPL Hot Sheet
Price: $333.74 +0.14%

Rating Summary:
    46 Buy, 27 Hold, 8 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 15 | Down: 12 | New: 12
Join SI Premium – FREE
Another day and yet another Apple (Nasdaq: AAPL) price target hike.

BofA/Merrill Lynch raised its price target on Buy-rated Apple (NASDAQ: AAPL) from $730 to $770, telling clients to Buy the stock ahead of Q2 results on April 24.

The firm raised 2012/2013 EPS estimates from $44.65/51.33 to $47.06/$54.20.

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $622.77 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS Change, Analyst PT Change

Related Entities

Earnings