Apple at $156: Look who’s still underwater

And then there was one: Deutsche Bank’s Sherri Scribner.

apple price targets underwater

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Note: When Scribner raised her 12-month Apple price target to $152 from $140, Apple was trading for $170. Who knew how prescient she would look—at least briefly—four months later?


  1. Gregg Thurman said:

    Philip, I show BMO at $195 issued on 4 Feb.

    You aren’t showing:
    Stifel Nicholaus at $150 issued 20 April and re-iterated on 1 August.
    FBR Capital at $155 issued 27 March. If I don’t see anything from FBR by March I’m going to drop them.
    Cascend Securities at $220 issued 29 January.
    Zach’s Investment at $197 issued 3 February.

    Sherri Scribner (Deutsche Bank) is either a buy side analyst or an idiot. Take your pick. I’m leaning towards the latter.

    It’s quite possible my targets are deficient as my source ( has essentially gone dark during the last 3 months. They have released only 2 post earnings price target revisions. What is your source for price targets?

    BTW, I’m tracking 41 analysts.

    February 12, 2018
    • We should swap lists next time, Gregg. I have BMO at $166 direct from Tim Long by e-mail. Most of my price targets are from the analysts notes published since the last quarterly report. I use TipRanks ($) as a backup. Before I publish, I e-mail the full list to everybody on it and ask if I’ve get his or hers right.

      February 12, 2018

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