Apple TV, iPad Pro Extend Long-Term Narrative for Apple (AAPL); Cowen Affirms at 'Market Perform'

Go back to Apple TV, iPad Pro Extend Long-Term Narrative for Apple (AAPL); Cowen Affirms at 'Market Perform'

Rosenblatt Reiterates Buy on Apple (AAPL) Following New Product Presentation

September 10, 2015 9:55 AM EDT

Rosenblatt reiterated a Buy rating and $140.00 price target on Apple (NASDAQ: AAPL) following the company's new product presentation. Analyst Jun Zhang believes that the rose gold iPhone and Live Photos are the two most important upgrades that would encourage iPhone 6 users to upgrade.

Zhang... More

Jefferies Cuts Price Target on Apple (AAPL) to $126 Following Sep 9th Event

September 10, 2015 9:43 AM EDT

Jefferies reiterates a Hold rating on Apple (NASDAQ: AAPL), and cut the price target to $126.00 (from $130.00), following the company's September 9th event. Analyst Sundeep Bajikar liked Apple's progress in Watch, Ipad, and TV, but was "underwhelmed" by the iPhone 6s.

Bajikar... More

Apple (AAPL) iPhone Upgrade Program, Country/Carrier Launches Were 'Important Incrementals', Wells Fargo Says

September 10, 2015 7:50 AM EDT

Wells Fargo analyst Maynard Um said the Apple (NASDAQ: AAPL) iPhone upgrade program, country/carrier launches are important incrementals from yesterday's event. The firm maintained an Outperform rating and $125-$135 valuation range.

Um commented, "We estimate the additional country/carrier launches by YE suggests AAPL could sustain an 8.4% decline per carrier... More

Apple (AAPL) Event Offers More Disappointments Then Positives, Macquarie Says

September 10, 2015 7:45 AM EDT

Macquarie analyst Ben Schachter maintained an Outperform rating and $133 on Apple (NASDAQ: AAPL) although they said there were more disappointments than positive surprises at yesterday's event, although nothing was game changing.

commented, "Overall, more disappointments than positive surprises, but nothing game changing. We... More

Apple (AAPL) New iPhones Should Ensure Strongest and Most Profitable Cycles - RBC Capital

September 10, 2015 7:31 AM EDT

RBC Capital analyst Amit Daryanani reiterating an Outperform rating and $150 price target on Apple (NASDAQ: AAPL) following yesterday's iPhone event.

Daryanani commented, "APL announced several products including the iPhones 6S/6S Plus, an iPad Pro, and an updated Apple TV offering.... More

Latest Apple (AAPL) iPhone Another 'Nail in the Coffin' for High-End Android Devices - Oppenheimer

September 10, 2015 6:55 AM EDT

Oppenheimer analyst Andrew Uerkwitz views Apple's (NASDAQ: AAPL) latex iPhone as another nail in the coffin for high-end Android phones. The firm reiterated an Outperform rating and price target of $155.

Uerkwitz commented, "Apple announced updates to its devices at a press... More

Brean Capital Sees Upside to Apple (AAPL) EPS, Shares Back Above $130

September 10, 2015 6:31 AM EDT

Brean Capital analyst Ananda Baruah reiterated a Buy rating and $170 price target on Apple (NASDAQ: AAPL) following yesterday's event. The analyst said the new iPhone adoption initiatives are both progressive and pragmatic. The firm sees the stock back to $130 in the 2nd-half. They also see Sept and December quarter EPS upside.

Baruah... More

Apple (AAPL) Event Offers Few Surprises, Susquehanna Notes

September 10, 2015 6:25 AM EDT

Susquehanna analyst Chris Caso noted the Apple (NASDAQ: AAPL) event offered few surprises. The firm maintained a Positive rating and price target of $155.

Caso commented, "AAPL held its annual launch event yesterday, launching new iPhones as expected, along with an iPad Pro and a new Apple TV. Most of what we heard yesterday was already... More

Apple (AAPL) iPhone Event Went Largely as Expected; iPhone Upgrade Program Could be Important Focus - Stifel

September 9, 2015 5:16 PM EDT

Stifel affirms its Buy rating and $150 price target on Apple (Nasdaq: AAPL) following today's special event.

Analyst Aaron C. Rakers noted that the event -- which included a new iPhone line, larger iPad, and revamped Apple TV -- was largely as expected.

Rakers commented, We expect... More