Apple’s share could be headed to $185 says FBR Analysts

April 18, 2015 4:15 PM

52 0

Analysts firm FBR & Co. said that Apple Inc. could become the first $1 trillion company. The analyst company said that the company will outperform the market and have given it a price tag of $185, the highest among Wall Street analysts.

James Moore and Dan Ives of FBR have given various reasons for their strong bullish opinion of Apple. One of the reasons given by them is because of the Crown jewel, which will drive the Apple market cap to $1 trillion. They also said that the since mobile phones hardware is becoming available, the ...

Also read: Novartis says Q3 profit slipped 4 percent, hurt by Alcon

Read more

To category page