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Wells Fargo Maintains Market Perform Rating and $140 PT on Apple (AAPL) on Potential Impact from Qualcomm's (QCOM) Litigation Against Contract Manfacturers

May 17, 2017 11:51 AM EDT

Wells Fargo maintains Market Perform rating and $140 price target on Apple (NASDAQ: AAPL) following announcement that Qualcomm (NASDAQ: QCOM) filed a complaint against Foxconn, Pegatron, Wistron, and Compal four manufacturers of Apples iPhones and iPads for breaching its... More

Apple (AAPL) Assembles First iPhones in India - WSJ

May 17, 2017 7:04 AM EDT

Wall Street Journal reporters Rajesh Roy, Newly Purnell and Tripp Mickle note that Apple (NASDAQ: AAPL) has completed production of it's first iPhone in India, as the company looks to enter the fast-growing market.

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Apple (AAPL) PT Raised to $180 at Canaccord Genuity; 'Anticipate Strong 2018 iPhone Sales'

May 16, 2017 9:03 AM EDT

Canaccord Genuity raised its price target on Apple (NASDAQ: AAPL) to $180.00 (from $165.00) while maintaining a Buy rating, following a company update and outlook on September product launch.

Analyst T. Michael Walkley increases his price target and 2018 iPhone estimates, noting expectations for a strong... More