Is Apple (AAPL) Still A Buy At $300?
Shares of Apple (AAPL) closed at $282 on Friday. The stock has held up well in the current market environment and seems easily poised to take out $300. But is Apple still a buy once it crosses $300?
According to most analysts, the answer is yes. CNBC's Jim Cramer sees the stock rising to $350. Canaccord analyst Mike Walkley raised his price target for Apple to $366. Kaufmann Brothers has upped the price target to $374 and Stifel Nicholas has a $360 price target on the stock.
It seems that all of Wall Street agrees that $300 is just a starting point for Apple's shares.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.