FORTUNE -- After hitting a nine-month low shortly before noon on Friday, Apple (AAPL) shares bounced nearly $22 and closed in positive territory for the first time in a week. Judging from pre-market trading Monday, the stock was getting set to continue its recovery, along with the rest of the market. (S&P futures were up sharply as well.)
UPDATE: Apple opened at $540.62 and by 10 a.m. had hit $550, up more than $22 (4.2%) from Friday's close.
Are there are limits to how far Apple's share price can fall?
FORTUNE -- "Run for the hills!" a reader e-mailed yesterday, "because its going to get ugly. $400 by April 2013, $270 by next fall ... almost inevitable."
He continued: "Zabitsky's target of $270 was dead on, just early on the draw."
That's a reference the advice of ACI Research's Ed Zabitsky, who set a price target of $270 a share last MOREPhilip Elmer-DeWitt - Nov 16, 2012 8:35 AM ET
Since hitting $705 in September, Apple has dropped 24%. Will its shares ever bounce?
FORTUNE -- With Apple's (AAPL) share price off sharply from its September highs and seemingly stuck in the mid-$500 doldrums, sell-side analysts with considerably higher price targets (mean: $764) have been busy trying to calm their anxious clients. Excerpts from this week's notes:
RBC Capital's Amit Daryanani: Addressing Top Five Concerns. "In recent weeks we have discussed and MOREPhilip Elmer-DeWitt - Nov 14, 2012 7:08 AM ET
On June 17, he told readers to buy AAPL at $320. The stock took off two days later.
We gave Andy Zaky, an independent analyst with a enviable track record, a hard time a few weeks ago.
He had just published a report on his Bullish Cross blog (reposted on Seeking Alpha) advising investors to buy Apple (AAPL) at $320. Although his three previous Apple buy signals had proved prescient, we took MOREPhilip Elmer-DeWitt - Jul 8, 2011 7:06 AM ET
Some long-term Apple investors view Nasdaq's rebalancing as a rare buying opportunity
With news guaranteed to roil the stock markets, the Wall Street Journal reported shortly after midnight Tuesday that Nasdaq OMX is set to announce a major rebalancing of its closely followed Nasdaq-100 index. According to the Journal:
"The move could mean significant selling pressure on Apple shares by money managers tracking the index. Because of the way the index MOREPhilip Elmer-DeWitt - Apr 5, 2011 6:50 AM ET
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