Wall Street slips as energy, financials lose ground
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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
UBS Reiterates Buy Rating and $170 PT on Apple (AAPL); 'F18 Earnings Estimates Too Low, May Be Anticipating Positive Earnings Revisions'
May 31, 2017 8:24 AM EDTUBS reiterates Buy rating and $170 price target on Apple (NASDAQ: AAPL), continuing a mutli-part series review the company's valuation and business outlook.
Analyst Steven Milunovich concludes that the Street's projections for gross margin leave room to the upside for management, assuming 15% unit... More
