Cupertino headquartered technology major Apple has current stock price of $127 per share. The stock price has been making the consumer Electronics Company's worth of about $744 billion. Currently, Brian White, who is an analyst at Cantor Fitzgerald at capital investment company Cantor Fitzgerald, has the highest price target on Wall Street on shares of Apple.

Earlier, the analyst has lifted the price target from $160.00 to $180.00. He has also maintained 'Buy' rating on Apple shares. Last month, the iPhone maker's shares reached new highs when it surpassed the $700 billion market cap level. At that time, there was a serious discussion about the potential for the company to become a trillion dollar company started.

White has not only lifted the price target, he is also positive about Apple's iPhone portfolio in China. The analyst also has bullish views about the launch of the Apple Watch. Earlier, the company announced to launch its watch. According to White, the company will surely be benefited in China after a new upgrade of expanding 4G network. White added that there are also chances to taste success through its electric car, if Apple really wants to explore that area as well. White believed that in near future, the company will continue to return cash to shareholders with more returns.

As per Analysts at Cantor Fitzgerald, "We believe the combination of these forces will drive the market to reward Apple's stock with an expanded P/E multiple, and we are raising our 12-month price target to $180 (~$1T cap; from $160)".

As per the reports, on 23 March, at the beginning, Apple's stock traded with a price of $127.08, and when day-trade ended, the stock finally ended at $127.21, which is an increase of about 1.04%. The company also showed weekly performance of 1.81%.