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Apple (AAPL): Samsung Weakness May Not Aid Apple - Nomura

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Stifel Raises Apple (AAPL) PT, Estimates Ahead of Q4 Print

October 18, 2016 8:50 AM EDT

Stifel analyst Aaron Rakers reiterated a Buy rating and raised estimates and his price target on Apple (NASDAQ: AAPL) to $130.00 (from $120.00) ahead of Q4 results on 10/25.

The firm is increasing F4Q16 (September) and F1Q17 (December) estimates from $45.6B/$1.57 and $70.5B/$3.01 to $47.7B/$1.69 and $74.3B/$3.17... More