Tuesday, January 18, 2011

Apple evangelists vs. heretics, Jan. 18

Time for a new collection of bulls and bears now that Q1 earnings and news of Steve Jobs' medical leave are behind (barely). I'll update with previous bulls and bears this week.

Evangelists
Goldman Sachs, Still on Conviction Buy List, January 18, 2011 LINK
Goldman's 12-month price target on shares of AAPL is $430.

Dennis Hildebrand, Apple's Gold, January 18, 2011 LINK
"I'm convinced that leadership is solid, even when Jobs retires, or backs away — Long term, this company is in great shape and I still believe that Apple will hit 590 by mid 2012. ... I'm holding my shares, I'm going to enjoy the ride all the way to 800."

James Altucher, author/investor, January 18, 2011 LINK
"I'm still convinced the fundamentals are there to make $AAPL the first trillion dollar company." (StockTwits.com)

Gene Munster, Piper Jaffray, January 18, 2011 LINK
Target: $438

Maynard Um, UBS, January 18, 2011 LINK
Revised iPad sales estimates from 5.5 million to 6 million.

Brian White, Ticonderoga Securities, January 18, 2011 LINK
Maintained "buy" rating
Target: $450

Michael Shulman, Short Side Trader, January 18, 2011 LINK
"The company is on a roll, doubling in revenues during the Great Recession and Jobs' views are deeply embedded in the corporate culture."

Jason Schwarz, Economic Weather Station, January 18, 2011 LINK
"The problem with selling because of the health of Steve Jobs is that his premium is not even priced into the stock. If it were, AAPL would be at $750 a share. This stock TRADES on Steve Jobs, but it is not PRICED for Steve Jobs."

Agnostics

Heretics

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