The stock has been on a tear lately. Has it gone too far?
FORTUNE — We know at least two things are going to happen next Monday:
- Apple’s AAPL shares will split 7 for 1
- Apple will give more than 5,000 developers new marching orders
The stock has been on a tear since April, when the split, a small dividend increase and a big new share repurchase plan were announced. Apple closed Tuesday at $625.63, its highest price since Oct. 2012.
Whether it’s got ahead of itself is the multi-billion dollar question, and on that opinions are divided.
Half the analysts we track think Apple’s share price still has a ways to go — all the way to $777 a share, according the most bullish among them. Half think it’s overpriced today — either that or they haven’t dusted off their 12-month targets.
Below: The analysts’ published price targets, as current as I could make them. Updates appreciated.