Apple (AAPL) PT Maintained at $200 at Canaccord Genuity on 1Q18 Beat; 'Lowering iPhone Estimates, but Strong EPS Trends Should Continue'

Apple (AAPL) Perform Rating Maintained at Oppenheimer on 1Q18 Report; 'Entering a Super Cycle of Capital Returns... Lack of Momentum in New iPhone Sales'

Oppenheimer maintained its Perform rating on Apple (NASDAQ: AAPL), following the company's first quarter earnings report.

Analyst Aaron Rakers affirms his rating and price target on AAPL shares, as the company reported 2018 first quarter earnings per share and revenues above consensus projections, supported by... More

Apple (AAPL) PT Maintained at $195 at Wells Fargo on 1Q18 Beat; 'China Growth... Lower F2Q18 Guide'

Wells Fargo maintained its price target on Apple (NASDAQ: AAPL) at $195.00 while maintaining a Market Perform rating, following the company's first quarter earnings report.

Analyst Aaron Rakers affirms his rating and price target on AAPL shares, as the company reported 2018 first quarter earnings per... More

Apple (AAPL) PT Maintained at $220 at BofA/Merrill Lynch on 1Q18 Beat; 'Services Revenue Growth Strong... March Revenue Guide Weaker'

BofA/Merrill Lynch maintained its price target on Apple (NASDAQ: AAPL) at $220.00 while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Wamsi Mohan affirms his rating and price target on AAPL shares, as the company reported 2018 first quarter earnings per... More

Bernstein Downgrades Apple (AAPL) to Market Perform

(Updated - February 2, 2018 7:27 AM EST)

(updated to add analyst comment and price target0

Bernstein downgraded Apple (NASDAQ: AAPL) from Outperform to Market Perform, price target $170.00 (from $195.00).

Analyst Toni Sacconaghi Jr comments "Our rationale is as follows: (1) the stock has risen 45% (19% relative) since the beginning of last year on anticipation of a strong iPhone X/8... More

Apple (AAPL) Added to Citi US Focus List, Believes Buy-Back 'likely to occur'

Citi maintains Buy on Apple (NASDAQ: AAPL) price target of $200.00.

Analyst Jim Suva puts the equity on the Citi US Focus List noting a belief in a "large buy-back" being likely to occur. The analyst comments "Apple stated they... More

Apple (AAPL) PT Raised to $203 at Morgan Stanley

Morgan Stanley raised its price target on Apple (NASDAQ: AAPL) to $203.00 (from $200.00) while maintaining a Overweight rating.

Analyst Katy Huberty remains positive noting more modest iPhone growth is being offset by strong services and capital return programs.

Apple (AAPL) PT Raised to $205 at RBC Capital, '(iPhone)X files: The Truth Is Out There'

RBC Capital raised its price target on Apple (NASDAQ: AAPL) to $205.00 (from $200.00) while maintaining a Outperform rating.

Analyst Amit Daryanani comments "Our positive bias remains intact as we believe AAPL remains positioned to potentially achieve, if not surpass, $14+ EPS by FY19. Maintain OP and... More

Apple (AAPL) PT Raised to $166 at BMO Capital

BMO Capital raised its price target on Apple (NASDAQ: AAPL) to $166.00 (from $162.00) while maintaining a Market Perform rating.

Analyst Tim Long comments "Apple reported strong December quarter results, but we believe focus should be on the big guide down for March. The... More

Apple (AAPL) PT Lowered to $170 at Barclays

Barclays lowered its price target on Apple (NASDAQ: AAPL) to $170.00 (from $174.00) while maintaining a Equalweight rating.

Analyst Mark Moskowitz comments "Fundamentals aren't exhibiting incremental improvement but that likely takes a back seat. Dec-Q results and Mar-Q outlook don't signal any sort of iPhone... More

KeyBanc Downgrades Apple (AAPL) to Sector Weight, 'We See Little to Drive Upside'

KeyBanc downgraded Apple (NASDAQ: AAPL) from Overweight to Sector Weight.

Analyst Andy Hargreaves comments "iPhone sell-through and gross margin outlook disappoint. iPhone sell-through appears to have declined in the F1Q (December), which, along with weaker-than expected F2Q revenue guidance,... More

Apple (AAPL) Tops Q1 EPS by 3c, Revenues Beat; Guides Q2 Below Views

(Updated - February 1, 2018 4:33 PM EST)

Apple (NASDAQ: AAPL) reported Q1 EPS of $3.89, $0.03 better than the analyst estimate of $3.86. Revenue for the quarter came in at $88.3 billion versus the consensus estimate of $87.28 billion.

The company sold 77.32 million iPhone units, versus 78.29 million last year and the consensus of 80 million.

The company sold 13.17 million iPads, versus 13.08 million last year.... More

Jahanara Nissar Discuss Setups on Apple (AAPL), Amazon (AMZN), and Alphabet (GOOGL)

Lynx Equity analyst Jahanara Nissar shares setup view points on three stocks reporting tonight:

Apple (NASDAQ: AAPL) has "good risk reward for tonight" noting iPhone expectations have been reset and the company could be on iPad unit sales. She believes services could be "OK and believes the buy-side is expecting Q4 iPhone... More

Wall St. shares forfeit early gains as bond yields rise

By Stephen Culp

(Reuters) - Wall Street stocks gave up early gains on Thursday as bond yields rose and technology stocks retreated ahead of a host of high-profile earnings.

It has been a rocky week for Wall Street with mostly robust earnings met by rising bond yields as world central banks back away from easy monetary policy. The benchmark S&P 500 stock index is on track for its first weekly decline in five.

The Federal Reserve held the fed funds target rate steady on Wednesday but indicated it was concerned about inflation rising.

"Inflation... More

PayPal's shares fall after eBay announces new payment partner

By Anna Irrera and Diptendu Lahiri

(Reuters) - PayPal Holdings Inc's (NASDAQ: PYPL) shares fell as much as 12 percent in after-hours trading on Wednesday after former parent company eBay Inc (NASDAQ: EBAY) said it had signed up a new primary payment processor.

EBay said it will start processing payments globally using Dutch payments company Adyen, allowing its users to remain on the eBay website when checking out.

PayPal said eBay shoppers will still be able to select PayPal as a form of payment... More

Rosenblatt Lowers Apple (AAPL) June Qtr iPhone Estimates

Rosenblatt analyst Jun Zhang lowered his June quarter Apple (NASDAQ: AAPL) iPhone shipment estimates from 41 million to 38 million.

Zhang commented, "Based on our most recent work in the Apple ecosystem channel, we believe overall iPhone shipments are likely to... More

Cleveland Research: Apple (AAPL) iPhone X Sell Through & Orders Appear Soft, 8/8+ Demand Likely Partially Offsets

Cleveland Research: Apple (NASDAQ: AAPL) iPhone X Sell Through & Orders Appear Soft, 8/8+ Demand Likely Partially Offsets

BMO Capital Downgrades Apple (AAPL) to Market Perform, 'Hitting a Plateau'

BMO Capital downgraded Apple (NASDAQ: AAPL) from Outperform to Market Perform with a price target of $162.00 (from $199.00).

Analyst Tim Long comments "There has been much in the press about order cuts for iPhone X, and we believe a weaker mix in Q1... More