Apple bear Toni Sacconaghi raises his price target to $300

For the first time in Apple's year-long run, Bernstein's chief tech analyst finds himself on dry land.

From StreetInsider Monday:

Bernstein analyst Toni Sacconaghi raised the price target on Apple (NASDAQ: AAPL) to $300.00 (from $250.00) while maintaining a Market Perform rating.

My take: Waiting for the note.

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  1. Gregg Thurman said:
    I’d be impressed if AAPL already hit $300 just last week.

    The only reason he’s on dry terra firma is the market’s reaction to the assassination of a terrorist.

    January 8, 2020
  2. Jacob Feenstra said:
    He is telling the time by looking at the clock. Well at least he is with the time now. That’s an improvement.

    January 8, 2020
  3. Jerry Doyle said:
    “… For the first time in Apple’s year-long run, Bernstein’s chief tech analyst finds himself on dry land.”

    Dry land? Where I come from we call it “marsh,” swampy wetlands or more commonly soft wet land filled with cattail, egrets and snakes. In the blink of an eye it becomes inundated with surging water where the gators move in to snatch various herons during breeding season. It’s why we construct our hunting camps 20 feet above the marsh and use airboats to travel to them. I suspect by close of markets today that brother Tony once again will find himself wallowing underwater in his call on Apple: in a perpetual state of degradation, degeneracy, helpless in his ignorant understanding of all things Apple.

    January 8, 2020
  4. David Baraff said:
    Gurgle, gurgle… (AAPL at $302 as I type this…)

    January 8, 2020

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