Instinet Says Above-Consensus Forecast For Unit Sales On Apple (AAPL) iPhone Are Achievable
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July 6, 2017 7:46 AM EDT
Drexel Hamilton analyst Brian White said their preliminary Apple (NASDAQ: AAPL) sales monitor shows the company had their strongest June ever.
White highlighted:
As of this morning, nearly all of the companies in our Apple Monitor have reported June sales that beat historical seasonality, delivering the strongest June that we have on record.We believe the recent sell-off in Apple represents yet another buying opportunity as investors turn their focus to the iPhone 8 this fall, along with the company's raised capital distribution initiative, depressed valuation and...
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July 6, 2017 6:30 AM EDT
Raymond James maintains Outperform on Apple (NASDAQ: AAPL) price target of $163.00.
Analyst Tavis McCourt makes no adjustments to his model for the company but his tells clients in a early Thursday note that his growth expectations are slightly below those of the Street... More
July 5, 2017 6:29 AM EDT
Citi maintains Buy on Apple (NASDAQ: AAPL) price target of $160.00.
Analyst Jim Suva comments that he expects some volatility as consensus estimates calibrate to a lower than expected quarter in September citing the iPhone OLED launch is delay.
He... More
