Wall Street’s Apple Inc. (AAPL) Analysts Are ‘Out of Whack’: Study

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As Elmer-DeWitt indicates, “Eleven analysts lowered their Apple targets in the final weeks of the company’s first fiscal quarter of 2013, which ends Saturday,”adding that still, “30 of our 48 analysts expect Apple to hit somewhere between $700 and $800 before the end of 2013.”

In one of the most useful charts we’ve seen on this matter in quite some time, the author also provides a detailed chart of the Apple Inc. (NASDAQ:AAPL) price targets held by the 48 analysts polled by Fortune. The layout is consistent with the original article, which indicates that “December changes [are] highlighted in yellow.” Enjoy.

Apple Inc. (AAPL)Credit: Philip Elmer-DeWitt, Apple 2.o/Fortune

Let us know your thoughts on Apple Inc. (NASDAQ:AAPL) in the comments section below, and if you’re encouraged by the Street’s Cupertino state of mind, or if you think analysts need to readjust their targets a bit more. Either way, we’d love to hear your opinion.

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