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Brean Capital Reiterates Buy on Apple (AAPL) on Potential Quarter Upsides
August 31, 2015 11:26 AM EDTBrean Capital reiterated a Buy rating and $170 price target on Apple (NASDAQ: AAPL) on potential September and December quarter EPS upsides. Analyst Ananda Baruah's current view is that AAPL could deliver Sep Q / Dec Q EPS of $2.00 & $3.29 (vs. Street of $1.87 & $3.19) on iPhone units of 47M and 72M and GM of 39.8% and 40.4% (Street at 39.3% and 39.8%).
Baruah... More
