Did you see what happened yesterday to Apple share price after this little innocuous tweet from Carl Icahn? Check it out, incredible the power this man has with way less than 140 characters.
My Apple Trader was in a short, making good money by the way, when the Icahn tweet was released, and then WHAMMO! And this was the result immediately following the tweet posting, fortunately the system reversed and got in on the long side…
I’ll have more on the Carl Icahn effect later this morning, so we can turn our attention to more good news for the all things iMaker, from an Oppenheimer upgrade.
Oppenheimer upgraded its rating on Apple shares to Outperform saying the iPhone 6 will be the most successful phone launch to date “by far.” Oppenheimer believes Apple Pay and Apple Watch will keep pushing share price higher. Their target is $115 price on shares. Apple closed yesterday up $2.05 to $100.80. SOURCE
I’m a little surprised by the Opco upgrade, not that they upgraded, but the target seems a bit weak, don’t you think so too? Most other analysts are at least at $120 a share, I’m thinking with the Icahn Effect and the slew of new products and the HUGE pent up demand from the Upgrade Super-Cycle, we should see Apple at $150 a share very soon.