Analysts at Oppenheimer (NYSE: OPY) upped their price target on shares of Apple (NASDAQ: AAPL) from $510.00 to $570.00 in a research report issued to clients and investors on Friday. They currently have an “outperform” rating on the company’s shares.

Separately, analysts at Barclays Capital (NYSE: BCS) reiterated an “overweight” rating on shares of Apple in a research note to investors on Tuesday. Analysts at Jefferies Group (NYSE: JEF) reiterated a “buy” rating on shares of Apple in a research note to investors on Tuesday. Also, analysts at Canaccord Genuity raised their price target on shares of Apple from $650.00 to $665.00 in a research note to investors on Thursday, February 9th. They now have a “buy” rating on the stock.

Apple Inc. (Apple) along with its subsidiaries is engaged in designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It also sells and delivers digital content and applications through the iTunes Store, App Store, iBookstore, and Mac App Store.The Company sells to consumers, small and mid-sized businesses (SMB), and education, enterprise and government customers. During the year ended November 24, 2011, the Company, as part of a consortium, acquired Nortel Networks Corporation’s patent portfolio.

Shares of Apple opened at 502.21 on Friday. Apple has a one year low of $310.50 and a one year high of $526.29. The stock’s 50-day moving average is $445.9 and its 200-day moving average is $402.3. The company has a market cap of $468.2 billion and a P/E ratio of 14.29. Read More