Santander buoys European shares but coronavirus fears persist

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Apple (AAPL) PT Raised to $350 at BofA Securities

January 29, 2020 7:05 AM EST

BofA Securities analyst Wamsi Mohan raised the price target on Apple (NASDAQ: AAPL) to $350.00 (from $340.00) while maintaining a Buy rating.

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Apple (AAPL) PT Raised to $385 at DA Davidson

January 29, 2020 6:44 AM EST

DA Davidson analyst Tom Forte raised the price target on Apple (NASDAQ: AAPL) to $385.00 (from $375.00) while maintaining a Buy rating.

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TE Connectivity (TEL) Tops Q1 EPS by 7c; Provides FY20 EPS/Revenue Guidance

January 29, 2020 6:09 AM EST

TE Connectivity (NYSE: TEL) reported Q1 EPS of $1.21, $0.07 better than the analyst estimate of $1.14. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.12 billion.

First Quarter Highlights

Net sales were $3.2 billion, down 5% on a reported and organic basis over the first quarter of 2019.Diluted earnings per share (EPS) from continuing operations were $0.07, below the company's GAAP guidance due to a non-cash charge from Swiss tax reform. Adjusted EPS were $1.21, exceeding the high end of the company's guidance.Cash flow from continuing operating activities was $411 million and free... More

Apple (AAPL) PT Raised to $360 at Raymond James

January 29, 2020 4:04 AM EST

Raymond James analyst Chris Caso raised the price target on Apple (NASDAQ: AAPL) to $360.00 (from $280.00) while maintaining a Outperform rating.

The analyst comments "December quarter results were driven mainly by upside to iPhone, augmented by healthy growth in wearables, which have... More