Wedbush Maintains an 'Outperform' on Apple (AAPL); Three Keys From WWDC
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Price: $442.14 +0.18%
Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Trade AAPL Now!
Wedbush maintains an 'Outperform' on Apple (NASDAQ: AAPL) price target of $800.00.
Analyst, Scott Sutherland, attended Apple's (Nasdaq: AAPL) WWDC and he came away with he hit three key points including: 1) Apple maps and navigation should negatively impact several names such as Garmin (Nasdaq: GRMN)(Neutral) and TCS (Nasdaq: TSYS)(Outperform), though the product was expected; 2) Siri could once again raise the profile for speech and Nuance, but we do not expect any financial impact; and 3) Apple staying a step ahead of direct competitors in the Android ecosystem, as well as RIM (Nasdaq: RIMM)(Neutral) and Nokia (NYSE: NOK)(Neutral)."
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple closed at $571.17 yesterday, with a 52 week range of $310.50-$644.00.
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Analyst, Scott Sutherland, attended Apple's (Nasdaq: AAPL) WWDC and he came away with he hit three key points including: 1) Apple maps and navigation should negatively impact several names such as Garmin (Nasdaq: GRMN)(Neutral) and TCS (Nasdaq: TSYS)(Outperform), though the product was expected; 2) Siri could once again raise the profile for speech and Nuance, but we do not expect any financial impact; and 3) Apple staying a step ahead of direct competitors in the Android ecosystem, as well as RIM (Nasdaq: RIMM)(Neutral) and Nokia (NYSE: NOK)(Neutral)."
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple closed at $571.17 yesterday, with a 52 week range of $310.50-$644.00.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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