Apple (AAPL) Weakness Unjustified, Oppenheimer Says
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Apple (AAPL) Watch Interest Lackluster, UBS Research Shows
August 11, 2015 9:06 AM EDTUBS analyst Steven Milunovich was out with a report today on Apple (NASDAQ: AAPL) noting that their latest Apple Watch monitor continues to find tepid search interest for the new product.
Milunovich notes online Apple Watch interest is trending lower. "Our latest Apple Watch Monitor continues to find lackluster interest as measured by global search activity," he said. "Interest is lower than for earlier Apple products as well as many consumer electronic launches."
The... More
Apple (AAPL) PT Trimmed to $130 at Jefferies
August 11, 2015 8:17 AM EDTJefferies analyst Sundeep Bajikar reiterated a Hold rating and lowered his price target on Apple (NASDAQ: AAPL) to $130 from $135 to account for macro demand uncertainty for iPhone primarily in China, and incremental loss of investor confidence in Apple's ability to grow.
"Our EPS... More
Fund Managers Remain Cautious on Apple (AAPL) Following Recent Slide - FT
August 10, 2015 11:14 AM EDTDespite Apple (Nasdaq: AAPL) trading at cheaper levels than earlier in 2015, portfolio managers in the U.S. and U.K. aren't rushing to buy in quite yet.
The news comes following a recent broader-market sell-off, which was sparked by a sharp drop in Chinese equities over the last... More
Bernstein's Sacconaghi Lists Five Reasons Apple (AAPL) iPhone Units Might Grow Next Year
August 10, 2015 11:03 AM EDTAmid the 10% underperfofmance since earnings on July 21, Bernstein analyst Toni Sacconaghi laid out 5 reasons Apple (NASDAQ: AAPL) iPhone units may grow next year. The analyst also reiterated an Outperform rating and price target of $142, noting Apple is now the "least expensive stock on an EV/FCF basis among the 25 largest cap tech companies moreover, the stock's valuation currently implies that its FCF will decline at nearly 5% in... More
Nomura Defends Apple (AAPL)
August 10, 2015 10:23 AM EDTIn addition to defense from Oppenheimer earlier, Nomura Securities analyst Jeffrey Kvaal is also out defending Apple (NASDAQ: AAPL) today. The firm reiterated a Buy rating and $145 price target.
"We believe the significant strengthening in bearish sentiment over the... More
