BAIRD WITH A 465 TARGET WILL MEAN THE PRESENT PRICE IS TOO HIGH.
465 will come when a new iphone or product is release that is a catalyst. this pegs the stock at 365 which means apple will drop another 70 points. This is inline with my companies forcast (refresh analytics) for the next 2 months. as the year progresses apple will lose tremendous mkt share to galaxy 4 and to hunwai refresh. apple products will be just minor upgrades as apple fails to answer the call for larger screens and a less expensive phone.
apple will be thumbing their nose at the market and the stock price will keep sinking. a price of apple stock below 300 will finally invoke some attitute changes from apple as the stock reaches 270.