Argus, has a forward-looking price target, via a two-state discounted free cash flow model, that gives a value for Apple north of $200. They also raised near term value to $145.00
I'm still trying to see how they get to $200….
Here they come…right on time, earnings upgrades….BofAML changed its earnings estimate on AAPL to +8.88 from +8.63 at 6:06 AM on 3/23/2015 for 2015.
Sentiment: Strong Buy
April is more realistic but who knows..one guess is good as anthers. That will also give the congress time to get a new corporate tax bill in place but don't hold your breath. I wonder how many more funds will be forced to buy Apple with the next Divy Increase????
Can we expect an increase to the Dvy and a increase in the Stock Buy Back program for this quarter??? After all the cash Apple has is now speculated to be greater than whats in the US Treasury…LOL