Shares of Apple are up $8.59, or 2.5%, at $351 this morning following better-than-expected fiscal Q2 results last night, as price targets zoom and estimates rise almost across the board.
The highest price target I see this morning comes from Brian White of Ticonderoga, who previously had the highest as well. His new target is $612, up from $550.
White raised his Q3 estimate for revenue to $25.1 billion from $24.4 billion, and raised his EPS estimate to $5.63 from $5.43. For fiscal 2011, his revenue estimate goes to $106 billion from $102 billion, and his EPS estimate goes to $25.22 from $23.36.
The highest price target I see this morning comes from Brian White of Ticonderoga, who previously had the highest as well. His new target is $612, up from $550.
White raised his Q3 estimate for revenue to $25.1 billion from $24.4 billion, and raised his EPS estimate to $5.63 from $5.43. For fiscal 2011, his revenue estimate goes to $106 billion from $102 billion, and his EPS estimate goes to $25.22 from $23.36.
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