Watch Apple analysts play catch-up to the share price
The headlines have it backwards. Apple's share price isn't rising because a sell-side analyst has raised his or her price target. Price targets are trailing indicators, not…
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]
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