By Philip Elmer-DeWitt
June 25, 2014

Here’s one measure of how Wall Street feels about Apple (AAPL) right now.

Three weeks ago, before the company’s 7:1 stock split, we collected price targets from 42 Apple analysts. At that time, their average 12-month target was $651 — or $93 in post-split dollars.

Since the split, we’ve heard from 17 of those analysts, many of whom took the opportunity to make some adjustments.

Result: A new average price target of $101 a share — up nearly 9%.

Below: Our current spreadsheet, with targets lower than Tuesday’s $90.28 close tinted under-water blue.

 

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