Apple (AAPL) PT Raised to $140 at Rosenblatt

Apple (AAPL) Price Target Raised to $160 at FBN

FBN Securities maintained an Outperform rating on Apple (NASDAQ: AAPL) and raised its price target to $160.00 (from $140.00). The change follows Q2 results. Analyst Shebly Seyrafi was impressed by iPhone and greater China sales.

"The strong iPhone sales were driven by strong sales in Asia (China iPhone sales grew over 70%... More

Pre-Open Stock Movers 04/28: (RCII) (IRM) (MRK) Higher; (UNXL) (TCS) (WHR) Lower (more...)

UniPixel (NASDAQ: UNXL) 36.5% LOWER; exercised its right to terminate that certain Manufacturing Facility Installation and Supply Agreement dated April 15, 2013 (the Supply Agreement), which was entered into by Displays and Eastman Kodak Company (Kodak). The term of the Supply Agreement was to end on December 31, 2017. In addition, Robert Rusenko, the Companys Chief Operating Officer, separated from service.

The Container Store Group, Inc. (NYSE: TCS) 23.9%... More

Apple (AAPL) iPhone 6/6+ Sales Momentum Seen Continuing in CQ2

While Apple (Nasdaq: AAPL) had strong iPhone sales in calendar Q115, suppliers see the momentum continuing through the current quarter.

Digitimes cites Taiwan-based suppliers in saying that expectations... More

Apple's (AAPL) Q2 Results 'Fantastic' But Stock Fairly Valued: Pacific Crest

Pacific Crest maintained a Sector Perform rating on Apple (NASDAQ: AAPL). Comments follow Q2 results that were described by analyst Andy Hargreaves as "fantastic." Despite the beat, Hargreaves sees the stock as fairly valued.

"The brilliant performance of iPhone 6/6+ drove FQ2 upside... More

Deutsche Bank Comments on Apple (AAPL) Following Q2 Results

Deutsche Bank maintained a Hold rating on Apple (NASDAQ: AAPL) with a price target of $125. The stock is poised to open higher by over 1.5% Tuesday, following the companys strong Q2 earning results. Analyst Sherri Scribner thinks growth is already reflected in valuation,... More

Apple (AAPL) PT Lifted to $155 at Canaccord Genuity

Canaccord Genuity analyst T. Michael Walkley reiterated a Buy rating and boosted his price target on Apple (NASDAQ: AAPL) to $155.00 (from $150.00) following strong Q2 results and the expanding $200 billion capital return plan.

Walkley commented, "We believe the strong results and solid guidance are... More

Piper Jaffray's Munster Raises Apple (AAPL) PT Raised to $162

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and raised his price target on Apple (NASDAQ: AAPL) to $162.00 (from $160.00) following solid Q2 results with guidance suggesting continued iPhone share gains.

Munster commented, "Overall, our thinking on the story is largely unchanged.... More

Credit Suisse Maintains Bullish Views on Apple (AAPL) Post Q2

Credit Suisse analyst K. Garcha maintained his Outperform rating and $145 price target on Apple (NASDAQ: AAPL) following Q2 results. In addition the firm maintained their above consensus EPS CY15/16 estimates of $9.63/$10.77.

Garcha said the Q2 results were "strong across the board with... More

Apple (AAPL) PT Raised to 'Street High' $195 at Cantor Fitzgerald

Cantor Fitzgerald analyst Brian White reiterated his Buy rating and boosted his price target on Apple (NASDAQ: AAPL) to a 'Street High' $195 (ex-Icahn) from $180, citing the powerful iPhone cycle and signs of early Apple Watch momentum.

White commented, "Last night, Apple reported a big beat in the March quarter with upside driven by stronger-than-expected iPhone sales and solid performance... More

Time for Apple (AAPL) Stock to Take a Breather, Nomura Says

Nomura Securities analyst Stuart Jeffrey bumped his price target on Apple (NASDAQ: AAPL) to $133.00 (from $129.00) following results but maintained a Neutral rating and said it is time for the stock to take a breather.

Jeffrey commented, "Apples FQ2 revenue beat by 2.3%, gross margin by 160bp and EPS by 8%, relative to Nomura estimates. The gross margin beat is perhaps most important, as any stock sell-off is most likely to be driven... More

Stifle Maintains Bullish Stance on Apple (AAPL) Post Q2; 'Crushing It in China'

Stifel analyst Aaron Rakers reiterated a Buy rating and $150 price target on Apple (NASDAQ: AAPL) following Q2 results.

Commenting on what matters most, the analyst highlighted:

1.) We maintain our Buy rating and $150/sh. target following Apples strong reported F2Q15 results and in-line F3Q15 outlook; our forward revenue estimates remain relatively unchanged and EPS moves slightly higher to reflect GM% increase and... More

Apple (AAPL) PT Raised to $145 at BMO Capital on Strong Cash Flow

BMO Capital analyst Keith Bachman reiterated an Outperform rating and boosted his price target on Apple (NASDAQ: AAPL) to $145.00 (from $135.00) following strong Q2 results, including strong cash flow.

Bachman commented, "Apple management is guiding gross margins to decline by 180 bps q/q for the June quarter. However, we believe the absolute level of 39.0% at... More

Apple (AAPL) PT Raised to $170 at Brean Capital Post Q2

Brean Capital analyst Ananda Baruah reiterated a Buy rating and lifted its price target on Apple (NASDAQ: AAPL) to $170.00 (from $160.00) following Q2 results.

commented, "Reiterating our Buy rating and raising our TP to $170 from $160 (25% appreciation) as we believe Mar Q results... More

Apple (AAPL) PT Lifted to $155 at Susquehanna

Susquehanna analyst Chris Caso reiterated a Positive rating and boosted his price target on Apple (NASDAQ: AAPL) to $155.00 (from $150.00) following strong Q2 results.

Caso commented, "AAPL put up yet another solid report, driven by iPhone units once again ahead of expectations. EPS came in ahead of consensus (remarkable given FX headwinds), guidance was solid, and the... More

After-Hours Stock Movers 04/27: (VRML) (RTEC) (AAPL) Higher; (UNXL) (TCS) (AMKR) Lower (more...)

UniPixel (NASDAQ: UNXL) 39.9% LOWER; exercised its right to terminate that certain Manufacturing Facility Installation and Supply Agreement dated April 15, 2013 (the Supply Agreement), which was entered into by Displays and Eastman Kodak Company (Kodak). The term of the Supply Agreement was to end on December 31, 2017. In addition, Robert Rusenko, the Companys Chief Operating Officer, separated from service.

The Container Store Group, Inc. (NYSE: TCS) 25.1% LOWER; reported Q4 EPS of $0.24, $0.07 worse than the analyst estimate of $0.31. Revenue for the... More

Apple (AAPL) CEO says only 20% of active users base have upgraded to new iPhones

Apple (NASDAQ: AAPL) CEO says only 20% of active users base have upgraded to new iPhones.

Market Wrap: Apple Does it Again in Q2; Mylan Rejects Teva Bid; Applied Materials, Tokyo Electron Terminate Merger

Market wrap for April 27th

End of the Day: S&P 500 down 8.8 to 2,108.92; Dow Jones down 42.2 to 18,037.97; Nasdaq down 31.8 to 5,060.25

Market Brief: Apple once again topped expectations on strong iPhone sales, with particular emphasis on China. The company also announced that it added $200 billion to its capital allocation plan, which includes an increased dividend.

The pullback today ends the Nasdaq's five-session winning streak.

Tesla got a boost from positive Deutsche Bank... More

Apple (AAPL) iPhone Shipments, China, Gross Margin Shine in Q2, Stifel Says

Stifel analyst Aaron Rakers offered some initial thoughts on Apple (NASDAQ: AAPL) Q2 results.

This is what the analyst thinks matters most:

1.) iPhone shipments at 61.2M, which is solidly above our recently raised estimate at 59.6M; street (FactSet) estimate at ~55.4M. We do believe investor sentiment / expectations had moved... More

Apple (AAPL) Raises Quarterly Dividend 10.6% to $0.52; 1.6% Yield

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.52 per share, or $2.08 annualized. This is a 10.6% increase from the prior dividend of $0.47.

The dividend will be payable on May 14, 2015, to stockholders of record on May 11, 2015, with an ex-dividend date of May 7,... More

Apple (AAPL) Increases Dividend 11%, Adds $50B to Buyback Plan

Apple (NASDAQ: AAPL) announced that its Board of Directors has authorized an increase of more than 50 percent to the Companys program to return capital to shareholders. Under the expanded program, Apple plans to utilize a cumulative total of $200 billion of cash by the end of March 2017.

As part of the revised program, the Board has increased its share... More

Apple (AAPL) Tops Q2 EPS by 17c; $200B Capital Return Plan

(Updated - April 27, 2015 4:35 PM EDT)

Apple (NASDAQ: AAPL) reported Q2 EPS of $2.33, $0.17 better than the analyst estimate of $2.16. Revenue for the quarter came in at $58 billion versus the consensus estimate of $56.06 billion.

Gross margin was 40.8 percent compared to 39.3 percent in the year-ago quarter.

International sales accounted for 69 percent of the quarter's revenue.

The company sold 61.17 million iPhone units in Q2, well above the consensus of 54.9 million. The company sold 12.62 million iPad units and 4.56 million... More