Wall Street ticks up as hawkish Fed fears ebb; Apple weighs

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Go back to Wall Street ticks up as hawkish Fed fears ebb; Apple weighs

Apple (AAPL) Grinds Off Lows

April 27, 2016 10:42 AM EDT

Apple (NASDAQ: AAPL) is grinding higher off pre-open lows. Shares last traded down 6.76% after opening down 8%. The 2.3% dividend yield could be helping establish a floor.

... More

Negatives Outweighed Positives for Apple (AAPL) in FQ2, Says Deutsche Bank

April 27, 2016 10:25 AM EDT

Deutsche Bank maintained a Hold Apple (NASDAQ: AAPL) with a price target of $105. Comments follow the release of FQ2 results. Analyst Sherri Scribner said concerns about slowing growth and elongating iPhone refresh cycles were reinforced by declines in units. Overall, negatives largely outweigh positives, said the analyst.

"AAPL reported slightly softer results and weak guidance as macroeconomic and FX headwinds weighed on iPhone demand. Mgmt... More