A Wall Street analyst Wednesday gave investors a pep talk, invoking the words of the late Apple CEO Steve Jobs to point out the iPhone maker is hardly ready to head for the exit. Instead, Topeka Capital Market analyst Brian White issued a record target price for a stock battered by negative headlines.
"The negative sentiment around the stock has reached epic levels that we haven't seen in recent memory and yet we believe [Apple's] product portfolio has never been stronger", White said in an investment note. He also quoted Jobs in response to naysayers who recently came out of the woodwork spelling doom for Apple...