RBC Weighs in on Apple (AAPL) Related to Weak Numbers from Dialog
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October 26, 2015 12:30 PM EDT
FBR affirms its Outperform rating and $175 price target on Apple (Nasdaq: AAPL) ahead of the company's Q4 report.
Analyst Daniel Ives sees Apple posting Q4 revenue and EPS of $50.9 billion and $1.86, along with 49 million iPhone unit sales.
Ives continued, Apple has become a battleground stock given the confluence... More
October 26, 2015 7:36 AM EDT
By Caroline Valetkevitch
(Reuters) - The Dow and the S&P 500 edged lower on Monday as energy shares dropped with oil prices and Apple retreated a day before its quarterly results.
Investors were cautious ahead of the Federal Reserve's two-day policy meeting, which begins on Tuesday. The market is looking for clues on the outlook for when the Fed may begin raising interest rates.
Apple (NASDAQ: AAPL) shares fell 3.2 percent to $115.28, making it the biggest drag on all three major indexes, while a weak outlook from one of its suppliers, Dialog... More
