apple shares outlook october 10 2011

apple shares outlook october 10 2011 : Shares of Apple, Inc traded down 2.01% during mid-day trading on Friday, hitting $369.80. Apple, Inc has a 52 week low of $290.00 and a 52 week high of $422.86. The stock’s 50-day moving average is $385.1 and its 200-day moving average is $358.9. The company has a market cap of $342.8 billion and a price-to-earnings ratio of 14.93.

A number of equity research firms have modified their stock ratings and price targets on shares of Apple, Inc (NASDAQ: AAPL) in the last week:

Apple, Inc was given a reiterated “buy” by analysts at Jefferies. The analysts now have a $500.00 price target on the stock.

Apple, Inc is now covered by analysts at Janney Montgomery Scott. The analysts set a “buy” rating and a $495.00 price target on the stock.

Apple, Inc was given a reiterated “neutral” by analysts at Zacks Investment Research. The analysts now have a $410.00 price target on the stock.

Apple, Inc had its price target lowered by analysts at ThinkEquity to $450.00. The analysts now have a “buy” rating on the stock.

Apple, Inc was given a reiterated “buy” by analysts at Deutsche Bank.

Apple, Inc was given a reiterated “buy” by analysts at Citigroup. The analysts now have a $480.00 price target on the stock.

Apple, Inc was given a reiterated “outperform” by analysts at Rodman & Renshaw. The analysts now have a $450.00 price target on the stock. Apple, Inc was given a reiterated “buy” by analysts at Jefferies.

Apple (AAPL) continues to see very strong demand for its iPhone, iPod, iPad and Mac computers. This success is likely to continue for the foreseeable future and a handful of companies, who supply Apple with key components used to make their fast selling products, stand to benefit . While a direct investment in Apple (AAPL) seems to be a solid decision, some investors might also be interested in investing in Apple's suppliers in order to increase gains and diversify their portfolios. Most of these companies have other customers and other product lines so it broadens the investment exposure. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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