Last week Brian White of Topeka Capital Markets predicted that the company's shares could reach $1,001 in the near future.
Piper Jaffray also recently raised its price target to $910 from $718, and said Apple will be the first company to have a $1 trillion market cap.Apple shares rose 70 cents, or 0.11%, to $625.50 in afternoon action. -- Written by James Rogers in New York. >To follow the writer on Twitter, go to http://twitter.com/jamesjrogers. >To submit a news tip, send an email to: email@example.com. Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices.