Canaccord Genuity Reiterates a 'Buy' on Apple (AAPL); The Dark Shadow Over CES: Apple Likely to Launch New Products Soon
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Price: $305.93 +0.22%
Rating Summary:
44 Buy, 29 Hold, 9 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
44 Buy, 29 Hold, 9 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Canaccord Genuity reiterates a 'Buy' on Apple (NASDAQ: AAPL) price target of $560.00.
Canaccord analyst, T. Michael Walkley, said, "While Apple did not attend CES, its leading market position was evident as competitors introduced new Ultrabook and LTE smartphone products targeted to compete with Apple’s strong product portfolio. Despite increasing competition, we believe Apple is well positioned for a very strong C2012 driven by new products, including the pending refresh of MacBook Air (featuring a new 15-inch model), the iPad 3 launching this spring, the LTE iPhone 5 likely mid-year, and potentially Apple TV exiting C2012."
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 $419.81 yesterday.
Canaccord analyst, T. Michael Walkley, said, "While Apple did not attend CES, its leading market position was evident as competitors introduced new Ultrabook and LTE smartphone products targeted to compete with Apple’s strong product portfolio. Despite increasing competition, we believe Apple is well positioned for a very strong C2012 driven by new products, including the pending refresh of MacBook Air (featuring a new 15-inch model), the iPad 3 launching this spring, the LTE iPhone 5 likely mid-year, and potentially Apple TV exiting C2012."
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 $419.81 yesterday.
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