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Morgan Stanley Lifts Bull Case Target on Apple (AAPL) to $191 on Higher Demand for 5G

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Apple (AAPL) Extends Gain, Up 3%

November 30, 2020 2:27 PM EST

Apple (NASDAQ: AAPL) Extends Gain, Up 3%

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Apple (AAPL) Outperforms Nasdaq, Up 2% Early in Session

November 30, 2020 9:45 AM EST

Apple (NASDAQ: AAPL) Outperforms Nasdaq, Up 2% Early in Session

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Loop Capital Upgrades Apple (AAPL) to Buy on Multiple Upside Drivers Into CY21

November 30, 2020 6:15 AM EST

(Updated - November 30, 2020 7:27 AM EST)

Loop Capital Markets managing director Ananda Baruah upgraded Apple (AAPL) to a Buy from Hold on numerous growth drivers.

Similar to other analysts, Baruah sees iPhone build plans for December through June next year as a signal that shipments may come ahead of the Streets consensus.

Loop Capital Supply Chain Analyst John Donovan sees iPhone builds for the December/March/June quarters of 88M/62M/46M (no Street estimates available) with incremental strength (ASP and margin) in Pro demand. We see the builds translating into iPhone units and revenue of 78M/54M/45M... More