The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( TheStreet) -- Over the weekend, I had a discussion with fellow TheStreet contributors Robert Weinstein and Rocco Pendola about tech giant Apple ( AAPL) and we arrived at the conclusion that the company has become the Dos Equis guy of the stock market -- "the most interesting stock in the world."
Apple has always been the story that just appears too good to be true. And by recent investor activity it seems that some skeptics are ready to lift the curtain on its magic act to see if it can still produce rabbits out of its hat. Be that as it may, the stock has seen several new analyst upgrades. Goldman Sachs raised its price target to $750, while Piper Jaffray says the stock is heading to $1,000. Also Topeka Capital analyst Brian While recently raised his forecast on iPhone sales to just under 30 million while expecting 11.58 million in sales for iPads. He sees upside potential in both targets particularly because of the fact that the new iPad registered 3 million units sold during its first weekend on the market.