Apple (AAPL) Tops Q2 EPS by 10c; Raises Guidance, Buyback and Dividend

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BofA/Merrill Lynch Reiterates Buy Rating on Apple (AAPL)

May 2, 2019 7:34 AM EDT

BofA/Merrill Lynch analyst Wamsi Mohan reiterated a Buy rating and $230.00 price target on Apple (NASDAQ: AAPL). As of March 30, 2019, Apple had an authorized program to repurchase up to $100bn of its common stock, of which $61.3bn had been utilized. On April 30, 2019, the... More

Apple (AAPL) Hits Session High, Up 7.1% at $215

May 1, 2019 11:41 AM EDT

Apple (NASDAQ: AAPL) Hits Session High, Up 7.1% at $215

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Apple (AAPL) PT Raised to $245 at Canaccord Genuity

May 1, 2019 9:07 AM EDT

Canaccord Genuity analyst T. Michael Walkley raised the price target on Apple (NASDAQ: AAPL) to $245.00 (from $230.00) while maintaining a Buy rating.

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Apple (AAPL) PT Raised to $200 at Wolfe Research

May 1, 2019 8:36 AM EDT

Wolfe Research analyst Steven Milunovich raised the price target on Apple (NASDAQ: AAPL) to $200.00 (from $185.00) while maintaining a Peerperform rating.

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Apple (AAPL) PT Raised to $180 at Nomura/Instinet

May 1, 2019 7:46 AM EDT

Nomura/Instinet analyst Jeffrey Kvaal raised the price target on Apple (NASDAQ: AAPL) to $180.00 (from $170.00) while maintaining a Neutral rating following the company's 2Q earnings report. Strong Watch and AirPod demand plus a healthy quarter from the new iPad Pro lifted F2Q... More

Apple (AAPL) PT Raised to $240 at Morgan Stanley

May 1, 2019 6:45 AM EDT

Morgan Stanley analyst Katy Huberty raised the price target on Apple (NASDAQ: AAPL) to $240.00 (from $234.00) while maintaining a Overweight rating following the company's March quarter results and June quarter guidance. Apple beat consensus revenue by 1% and EPS by 3% driven largely by iPhone,... More

Credit Suisse Reiterates Neutral Rating on Apple (AAPL)

May 1, 2019 4:36 AM EDT

Credit Suisse analyst Matt Cabral reiterated a Neutral rating and $209.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "Against a backdrop of sizeable iPhone sales declines (CSe -10% in CY19), we think the investor perception of Apple as a... More

Citi Reiterates Buy Rating on Apple (AAPL)

May 1, 2019 4:13 AM EDT

Citi analyst Jim Suva reiterated a Buy rating and $220.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Simply put Apples results and outlook across most metrics were clearly better than expected. As a result both our and consensus estimates... More

Apple (AAPL) PT Raised to $190 at Macquarie

May 1, 2019 3:37 AM EDT

Macquarie analyst Benjamin Schachter raised the price target on Apple (NASDAQ: AAPL) to $190.00 (from $149.00) while maintaining a Neutral rating.

The analyst comments "AAPL reported a solid quarter, with revs in line and EBIT slightly ahead of our expectation. Importantly, iPhone was better... More