Apple (AAPL): Path To $10 In Earnings Remains - RBC

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Apple (AAPL) PT Raised to $135 at Brean Capital

October 26, 2016 9:33 AM EDT

Brean Capital analyst Ananda Baruah reiterated a Buy rating and raised its price target on Apple (NASDAQ: AAPL) to $135.00 (from $125.00) following results.

Baruah commented, "AAPL Dec Q guidance suggests that not only are iPhone units continuing to gain strength (as... More

Apple (AAPL) Estimates Raised at Drexel Hamilton

October 26, 2016 8:46 AM EDT

Drexel Hamilton analyst Brian White reiterated a Buy rating and $185 price target on Apple (NASDAQ: AAPL) following solid Q4 results and strong Q1 guidance. The firm slightly raised estimates following the print.

White highlighted:

Last night, Apple delivered a solid 4Q:FY16 performance and offered up a strong 1Q:FY17 outlook that has the company returning to revenue growth. We are slightly raising our EPS estimates and maintaining our 12-month price target at $185.00.Apple remains our top pick for H2:2016 given our view that the sales, profit and iPhone... More

Cowen Affirms Apple (AAPL) at 'Outperform'; Sees $135 PT as 'Conservative' Given Expected Multiples

October 26, 2016 7:25 AM EDT

Cowen and Company affirms Apple (Nasdaq: AAPL) at Outperform with a price target of $135 following Q4 results and outlook issued Tuesday night.

The firm commented on Wednesday: While there could be some minor hand wringing over GMs, AAPL is tightly managing supply but still nicely threaded the needle on guidance. From here, investors can now really start to focus on iPhone 10 being the flame in C2017 that lights the "powder keg" that is forming in the installed base. Target remains $135, but even this is very... More