Apple Stock Pulls Back Slightly

Posted by: A.P.P.L.E. Date: January 25, 2012 0 Likes 488 Views

Apple, Inc. (AAPL) soared to more than 455 USD yesterday, however today, it is trading down ad 446.50 as of 5:14pm EST.  Apple’s stock price shot up more than 30 dollars a share immediately after first quarter profits for 2012 were announced on the 24th. The stock traded mostly flat on the day as several analysts projected that Apple stock will go through the $650 mark specified by  Rob Cihra of Evercore Partners.  Analyst comment from Wedbush Securities gave the stock an Outperform rating and raised the target price from $540 a share to $585 a hare.

Author: A.P.P.L.E.
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