AAPL - February 13, 2017

Apple shares close at new historic high and company’s market value surpasses $ 700 billion

AAPL - February 13, 2017

At Apple actions they have been rising well since last week, and today they have reached a new record level.

AAPL - February 13, 2017

THE $ AAPL closed the NASDAQ nail with an increase of 0.89%, quoted at $ 133.29 enough to bring the market value (market cap) from Apple to $ 700.5 billion, a level that she had not reached for two years.

The maximum that the $ AAPL had reached before the closing of a nail had been US $ 133.00, on February 23, 2015. However, the historical maximum for a day is still US $ 134.54, recorded on April 28, 2015. ; today’s high, for the record, was $ 133.82.

The day’s positive performance was spurred by an upgrade by Goldman Sachs, which today set a new target price for the $ 150 AAPL (previously, it was $ 133). The firm is confident that Ma’s shares will rise by at least 10% in the next 12 months.

If Apple shares reach $ 150, its market value will approach $ 800 billion. To reach an unimaginable $ 1 rail mark, it would have to pass $ 190. Brian White, an analyst at Drexel Hamilton, one of those who is already betting on a future target price very close to that: $ 185.

(via Reuters)