Global Equities Cuts China GDP Growth Outlook; Still Sees Apple (AAPL) Reaching $155 Price Target

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Go back to Global Equities Cuts China GDP Growth Outlook; Still Sees Apple (AAPL) Reaching $155 Price Target

Nomura Securities Reiterates Buy on Apple (AAPL) Following CEO Update

August 25, 2015 8:05 AM EDT

Nomura Securities reiterated a Buy rating and $145.00 price target on Apple (NASDAQ: AAPL) following an update by CEO, Time Cook. Mr. Cook indicated internal updates as of yesterday morning showed China growth to be strong. With pricing in a ~%15 decline, Analyst Jeffrey Kvaal said... More

Apple (AAPL) Sell-Off Seen as 'Overdone', Wells Fargo Upgrades Stock to Outperform

August 25, 2015 6:34 AM EDT

(Updated - August 25, 2015 7:17 AM EDT)

Wells Fargo analyst Maynard Um thinks the correction in Apple (NASDAQ: AAPL) has gone too far and he upgraded the stock from Market Perform to Outperform with a price target of $125-$135.

Yesterday Apple CEO Tim Cook sent an email to CNBC's Jim Cramer with an update on operations in China. In Um's view, this provides some... More