Dude, I titled this article just for you. Read it now then I'll continue....
While the other n00bs are busy sitting on price targets that you can't even see in the rear view mirror, I'm actually doing some work. Or maybe you missed this little springtime tidbit from my buddy Richard Gardner:
“While we continue to like Apple’s long-term growth opportunity, we see little more than market returns in the shares from current levels,” he writes. “We would be buyers on a pull back to around $90 and believe that summer seasonality, less favorable component pricing and lack of news during the next several months may provide such an opportunity.”
Gardner actually raised his price target on the stock today to $110, from $105.
But hey what do I know, right?
Ant & Sons submits: Piper Jaffray analyst Gene Munster has stuck his neck out quite a few times when it comes to making predictions on Apple Inc. (NASDAQ: AAPL). He made a big call in 2004 and was the first on the Street to say that Apple could move to $100 per share on strong iPod sales. And now he's doing it again.
That's not manipulation brother, that's doing my job. I see where Steve is going with things, and then I actually share the good news. Seen my job title? Senior Research Analyst.
Let the big dog eat.