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AAPL breaks $100 in after-hours trading, as analysts rate the stock a Buy

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<p>Update: That $103 price is <a href="http://9to5mac.com/2016/07/27/apple-aapl-opens-at-103-up-7-after-the-company-announced-better-than-expected-earnings-results/" target="_blank">holding steady[/url] in early trading this morning.</p>
<p>While Apple’s <a href="http://9to5mac.com/2016/07/26/apple-earnings-fy16-q3/" target="_blank">earnings[/url] weren’t fantastic, with particularly bad news in <a href="http://9to5mac.com/2016/07/27/apple-china-revenue-fall/" target="_blank">China[/url], the market view appears to be that the numbers were better than feared. The stock price climbed sharply in the first hour of after-hours trading, jumping from $97.34 to more than $103, and has so far maintained this new level.</p>
<p><a href="http://uk.businessinsider.com/apple-earnings-analyst-roundup-for-q3-2016-7" target="_blank">Business Insider[/url] did a roundup of analyst reactions, and found that with the single exception of Deutsche Bank, which rates the stock a Hold, all the others they surveyed rated it a Buy, with target prices ranging from $115 to $150 …</p>
<p> <a href="http://9to5mac.com/2016/07/27/appl-breaks-100-in-after-hours-trading/#more-440323" class="more-link">more…[/url]</p>
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