Apple Analyst Sees $700 Ahead and 4 Investor Insights Making Rounds
PPG Industries Inc. (NYSE:PPG): Current Price: $141.71
The company’s price target has been increased by Susquehanna due to possible accretive acquisitions, share repurchases, continued restructuring benefits, and improving macro environment. The firm gives the stock a Positive rating.
Monsanto Co. (NYSE:MON): Current Price: $101.31
The company’s price target has been increased by Susquehanna after the annual R&D pipeline update. The firm is citing much higher long-term growth from its pipeline along with lower risks concerning product launches. Shares have a Positive rating.
Vitamin Shoppe, Inc. (NYSE:VSI): Current Price: $60.66
JPMorgan is convinced that Vitamin Shoppe’s acceleration in footage growth and improvements in merchandising has caused the company’s story to be more compelling. The firm decided to increase its 2013 earnings estimates to above consensus, and it also decided to keep its Overweight rating and raised its price target to $73 from $69 on the stock.
Apple Inc. (NASDAQ:AAPL): Current Price: $499.34
According to UBS, Apple’s next 100-point move will be to the upside, but the firm cannot be certain that the shares have bottomed. The firm keeps its Buy rating and $700 price target on the stock.
Chipotle Mexican Grill, Inc. (NYSE:CMG): Current Price: $292.09
Chipotle preannounced lower Q4 EPS than previously predicted, which causes Bernstein to believe that the company is generating sustainable growth and high returns. The firm is convinced that the company could possibly raise prices later in the year, and it’s encouraged by the company’s efforts to drive traffic. It keeps its Outperform rating and a $450 price target on the stock.
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