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Title: Bernstein: 5 reasons Apple will hit a post-split $100 per share Post by: HCK on May 29, 2014, 02:00:05 pm Bernstein: 5 reasons Apple will hit a post-split $100 per share
"An active bet against Apple," writes Toni Sacconaghi, "may be difficult to sustain." <p>FORTUNE -- When Apple (AAPL) broke through $625 Tuesday to hit a 600-day high, Bernstein's Toni Sacconaghi was one of 19 Apple analysts whose price targets were underwater.</p> <p>He took care of that Wednesday morning with a note to clients that raised his 12-month target to $700 from $615. After June 9, when Apple splits 7 for 1, Sacconaghi's new target will be a nice round $100 MORE (http://tech.fortune.cnn.com/2014/05/28/apple-100-share-target/)<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=tech.fortune.cnn.com&blog=8466345&post=143743&subd=fortunebrainstormtech&ref=&feed=1" width="1" height="1" /><img src="http://feeds.feedburner.com/~r/fortuneapple20/~4/mifXgBi3jpY" height="1" width="1"/> Source: Bernstein: 5 reasons Apple will hit a post-split $100 per share (http://rss.cnn.com/~r/fortuneapple20/~3/mifXgBi3jpY/http://tech.fortune.cnn.com/2014/05/28/apple-100-share-target/#commentshttp://tech.fortune.cnn.com/2014/05/28/apple-100-share-target/feed/atom/) |