Apple (AAPL) Q2 Guidance 'Seems Doable'... Sees Risk to Q3 Revenue - Mizuho

Apple (AAPL) PT Lowered to $200 at Morgan Stanley; Cautious Into Print, But Buyers on Any Weakness

April 20, 2018 4:34 AM EDT

(Updated - April 20, 2018 9:10 AM EDT) (updated to expand analyst comment)

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

Analyst Katy Huberty is expecting an in-line March quarter report but sees some... More

Soft iPhone Volume Already Baked Into Apple's (AAPL) Stock - RBC

April 19, 2018 12:42 PM EDT

RBC Capital analyst Amit Daryanani weighed in on Apple (NASDAQ: AAPL) amid weakness following a guidance cut from supplier TSMC.

"We think soft iPhone volume expectations are now largely baked in AAPL stock price," the analyst said.

He added, The focus on... More

Apple (AAPL) PT Maintained at $195 at Wells Fargo on F2Q18 Preview; 'Reduced iPhone Estimates... Focus Remains on Capital Return Update'

April 19, 2018 6:57 AM EDT

Wells Fargo maintained its price target on Apple (NASDAQ: AAPL) at $195.00 while maintaining a Market Perform rating, ahead of the company's 2018 fiscal second quarter earnings announcement on May 1st, after the market close.

Analyst Aaron Rakers notes a lowering of FQ2 EPS expectations to $2.62... More

Netflix shares hit record as more subscribers sign up

April 17, 2018 8:53 AM EDT

By Laharee Chatterjee and Jasmine I S

(Reuters) - Shares of Netflix Inc (NASDAQ: NFLX) hit a life-time high on Tuesday after the online video streaming service reported a rise in subscriber additions for the fourth straight quarter.

The stock was up 9.2 percent at $336.11, getting an extra boost after at least 12 brokerages raised their price targets. JP Morgan was the most bullish, pushing its target to $385.

"Netflix's content strength and the global, secular shift to internet entertainment are driving subscriber upside," JP Morgan analyst Doug Anmuth wrote in a note.

... More

Macquarie Remains Bullish on Apple (AAPL)

April 17, 2018 8:07 AM EDT

Macquarie Reiterated an Outperform rating and $188.00 price target on Apple (NASDAQ: AAPL). Apple recently disclosed that it has reached over 40 million paying Apple Music subscribers with an additional 8 million free trial users, along with the promotion of Oliver Schusser to head Apple Music... More

Investors cut exposure to tech stocks: BAML survey

April 17, 2018 7:22 AM EDT

By Helen Reid

LONDON (Reuters) - Alarm bells are ringing over valuations of the world's leading technology stocks with worries over regulation causing many investors to cut exposure to the sector, Bank of America Merrill Lynch (BAML)'s April fund manager survey found.

"Long FAANG + BAT" remains the top pick for "most crowded trade" for the third month running, BAML strategists said, referring to U.S. tech companies Facebook (NASDAQ: FB), Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), Netflix (NASDAQ:... More