Look whose Apple price targets are underwaterApril 30, 2013: 10:57 AM ET
Having rushed to lower their targets, some Apple analysts may have to reverse course.
FORTUNE -- When Apple (AAPL) touched $445.25 in early afternoon trading Tuesday, it did more than mark a $60.15 (15.6%) rise from its intraday low of $385.10 seven trading days earlier.
It also put Apple's stock price higher than the 12-month price targets of at least eight Wall Street analysts.
Four of those analysts -- Baird's William Power, BMO's Keith Bachman, Citi's Glen Yeung and Nomura's Stuart Jeffrey -- had lowered their price targets within the last week.
Three of them -- Creative Global Investing's Carlo Besenius, Berenberg's Adnaan Ahmad, and our old friend ACI's Ed Zabitsky -- are still advising clients to borrow Apple shares and sell them short.
How's that working out?