Stem!
AAPL passes 10% of all of NASDAQ value as analysts target half a trillion dollar valuation
Apple’s blockbuster holiday quarter sent shares to an all-time high of $431 a share, enough to close in on a market valuation of $400 billion. That was last month. Today, AAPL briefly passed a record $460 billion market cap with new historical stock price high at $493.97 a share. Exxon Mobil Corporation’s [XOM] market valuation? “Just” $402.72 billion. Analysts featured on Bloomberg Television say Apple is an “absolute phenomenon”. Both Needham and Canaccord raised their price target for Apple shares to $620 and $650, respectively, maintaining a Buy rating on the stock. At the current market cap,...
Skrevet av: 9 to 5 Mac - Thursday, 9 February
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