Behind the reports that triggered a flurry of Apple analysts' revisions
In a note to clients issued early Tuesday, Topeka’s Brian White took a closer look at those order changes. His conclusion: “we believe the doomsday scenarios painted over the past week are inaccurate.”
White is sticking with his Street-high $1,100 price target, more than double Monday’s closing price of $518.83.
Meanwhile, kudos to Wells Fargo’s Maynard Um for the headline in his post-supply-chain-panic note: AAPL: The Mayan Apocalypse Is Not Upon Us.