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Apple (AAPL) PT Lowered to $135 at Nomura
January 27, 2016 7:50 AM ESTNomura Securities analyst Jeffrey Kvaal reiterated a Buy rating on Apple (NASDAQ: AAPL) while lowering estimate sand his price target to $135.00 (from $145.00).
Kvaal commented, "Apple highlighted, repeatedly and perhaps excessively, macro and FX headwinds are pressuring March iPhone units. Our estimates and target... More
Drexel Hamilton's White Sees Buying Opportunity in Apple (AAPL) Ahead of Next Upgrade Cycle
January 27, 2016 7:27 AM ESTDrexel Hamilton analyst Brian White maintained his Buy rating and $200 price target on Apple (NASDAQ: AAPL) following Q1 results and lackluster guidance. The analyst said the reset ahead of the next iPhone cycle presents and attractive buying opportunity.
White highlighted:
Given the iPhone weakness in the late stages of this 6-Series and growing macro economic weakness around the world, it is not surprising that Apple's 2Q:FY16 outlook was soft but still within the range that we believe the market had thought was possible.As such, we believe... More