Goldman Sachs Raises AAPL Price Target by Nearly $100
With the weekend upon us, only two days separate Apple's community of developers from the start of this year's Worldwide Developers Conference.
And fresh on the heels of Apple's acquisition of Beats and Eddy Cue's admission last night at the Code Conference that Apple is preparing to roll out its best products of the last twenty five years, to say that market interest and enthusiasm in Apple is high would be an understatement.
On Friday, Goldman Sachs went as far as to raise its price target for AAPL by nearly $100 ($720 from $635 on a “buy” rating). Although most financial firms haven't been this bold in their outlook for AAPL, a tangible uptick in market enthusiasm is pervasive on Wall Street today.
WWDC 2014 kicks off Monday in San Francisco with a live keynote (available via live stream from Apple) at 10 A.M. PST. MMi will have comprehensive coverage of WWDC 2014 throughout next week.
Source: Fox Business