UBS says AAPL could reach $200/share as it hits 11th record high so far this year

A UBS analyst says that AAPL stock could reach as high as $ 200/share over the next 2-3 years, as the stock hit its 11th record high so far this year. It has already hit the equivalent of $ 1,000/share when you factor in the share split.

MarketWatch notes that the stock yesterday set two records: its highest ever value, at $ 143.80, and its highest intraday price of $ 142.80. Many analysts are setting high target prices for the stock, and one of them even predicts a possible $ 200 level, notes Business Insider – though he does add some crucial riders …

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