Apple stock surges on analyst comments (UPDATED)
Posted by Dr. Macenstein
Apple stock rose over 4% by midday, to reach an all-time high price of $59.90. Spurred by analyst comments yesterday afternoon, investors scrambled to pick up the hot stock in anticipation of a strong holiday buying season. Piper Jaffray analyst Gene Munster placed a $60 target on the stock in a report filed yesterday.
Update Apple stock closed at $59.95, up $2.45 or +4.26%.
