Apple's (AAPL) Price Target Reduced to $105 from $125 at Deutsche Bank
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Piper's Munster Lowers Apple (AAPL) Estimates; Remains Top Pick
January 12, 2016 6:46 AM ESTPiper Jaffray analyst Gene Munster lowered estimates on Apple (NASDAQ: AAPL) but said the stock remains its top pick for 2016.
The firm is lowering Mar-16 iPhone estimates to 55M from 62.5M and June from 48.5M to 45M due to the collection of negative data points from Apple... More
Susquehanna Cuts PT on Apple (AAPL) but Says The Worst May Be Over
January 11, 2016 8:43 AM ESTSusquehanna Analyst, Chris Caso, cut his price target on Apple (NASDAQ: AAPL) on expectations for weaker iPhone sell through to $140 from $155. With the stock near $100, he expects that investors will soon begin to focus on the iPhone 7 launch catalyst later this... More
Apple (AAPL) Supply Chain Data Suggests December and March Numbers at Risk, Says Bernstein
January 8, 2016 3:19 PM ESTApple (NASDAQ: AAPL) was in focus Friday after suppliers Cirrus Logic, Inc. (NASDAQ: CRUS) and Qorvo (NASDAQ: QRVO) issued profit warnings yesterday. Negative pre-announcements follows a serious of ominous signs from suppliers over the past several weeks, noted analyst Toni Sacconaghi, an analyst at Bernstein.
Sacconaghi pointed out that many of the suppliers have growth rates that are reasonably correlated with Apple. Overall, the thinks Apple's December and March numbers are likely at risk.
"We examined the historical... More
Negative Supplier Pre-Announcements Suggest ~25% Reduction Q4/Q1 in iPhone Builds - CS (AAPL)
January 8, 2016 11:36 AM ESTCredit Suisse offered commentary on Cirrus Logic (Nasdaq: CRUS) and... More
