Optimism On Aapl Apparently Grows But It S Mostly Illusion
Over the past 24 hours, there’s been a big increase in the number of analysts predicting that the value of AAPL stock will rise, but this apparent boost in optimism on AAPL is not quite as it appears … At Wednesday’s close, just six of the analysts monitored by PED30 had price targets above AAPL’s then value. By last night’s close, that number had increased to 17. However, while some had increased their targets, most of it was explained by the fall in AAPL’s value in the 24-hour period – and that had little to do with the company itself....