Wedbush adjusts AAPL price target to $150 after four-for-one split
Investment bank Wedbush has adjusted its AAPL price target to $150, taking into account Apple's recent four-for-one stock split.
Credit: Andrew O'Hara, AppleInsider
Apple announced its stock split during its July 30 earnings call, a move that would make the stock "more accessible" to a broader range of investors. In the split, each shareholder received four times the number of shares with each one worth 25% less.
Read more...