Oracle Investment Research Upgrades Apple (AAPL) to Strong Buy
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Price: $311.30 -1.75%
Rating Summary:
45 Buy, 28 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
45 Buy, 28 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Oracle Investment Research upgraded Apple (NASDAQ: AAPL) from Buy to Strong Buy with a price target of $670.00.
"We upgrade AAPL to Strong Buy based on revised EPS and Revenue models. We see the potential for share repurchase versus a special dividend based on EV/EBITDA multiples at ten year lows. A broken stock but not a broken company, we find...."
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 $575.85 yesterday.
"We upgrade AAPL to Strong Buy based on revised EPS and Revenue models. We see the potential for share repurchase versus a special dividend based on EV/EBITDA multiples at ten year lows. A broken stock but not a broken company, we find...."
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 $575.85 yesterday.
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