And the positive pace of Apple on NASDAQ continues as a whole, with analysts already updating their forecasts: the $ AAPL closed today at an increase of 1.61%, now quoted at $ 303.19.
The figure is obviously a new historical record for the company, as well as the peak reached during today’s negotiations, which was US $ 304.43.
Today’s high took the market cap from Apple to $ 1.35 trillion, and it continues to be followed by Microsoft ($ 1.237 trillion), Alphabet / Google ($ 950.4 billion), Amazon ($ 949.6 billion) and Facebook ($ 605.6 billion).
One of the most optimistic analysts – Daniel Ives, from Wedbush – believes that, with iPhones winning 5G this year, $ AAPL could close the year for $ 350-400. Needham analysts agree and have already set a new target price of $ 350 for the stock.
But there are also pessimists: analysts at Goldman Sachs, precisely the Apple Card partner bank, believe that Apple is currently overvalued and predict a significant drop in 2020.
Time will tell.
via Cult of Mac, AppleInsider
Update Jan 09, 2020 at 18:01
A new day, a new 2.12% increase – the $ AAPL is now worth $ 309.63, new historical record (as well as the peak of today’s NASDAQ trading session, which was $ 310.43).
With that, Apple is now worth $ 1.373 trillion – $ 140 billion (!) More than Microsoft.
Update II Jan 10, 2020 at 18:06
And take him high! Today it was an additional 0.23%, which led to $ AAPL to $ 310.33 – peaking at $ 312.67 during the day’s trading session.
THE market cap Apple now went to $ 1.376 trillion.