Apple (AAPL) Stock Soars on Another Robust Quarter Fueled by Monster iPhone and Services Numbers, Analysts Raise PTs
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Apple (AAPL) Hits Intraday High, Up 5.2%
January 28, 2022 11:11 AM ESTApple (NASDAQ: AAPL) Hits Intraday High, Up 5.2%
35 US States Back Fortnite Maker Epic Games in Fight With Apple (AAPL)
January 28, 2022 9:06 AM ESTA bipartisan group of attorneys general, representing 35 U.S. states, filed arguments against the judge's ruling that Apples (NASDAQ: AAPL) dominance of the market for mobile apps doesnt violate U.S. antitrust law, asking for the ruling to be reversed.
The initial appeal was made by Epic Games, mostly known for their popular game Fortnite. Epic Games also received a lot of support from different... More
Apple (AAPL) PT Raised to $200 at Jefferies
January 28, 2022 8:21 AM ESTJefferies analyst Kyle McNealy raised the price target on Apple (NASDAQ: AAPL) to $200.00 (from $175.00) while maintaining a Buy rating.
The analyst commented, "Apple announced December Q results nicely ahead of consensus and guided up for the March Q a good outcome considering industry-wide... More
Wedbush Comments on Apple (AAPL) 'Rocky Balboa-Like Performance', Stays Outperform with $200 PT
January 28, 2022 6:14 AM ESTWedbush analyst Daniel Ives reiterated an Outperform rating and $200.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "Apple delivered a robust December quarter that will be the focus of the tech universe this morning as the Street had major supply chain/growth fears heading into this... More
Piper Sandler Reiterates Overweight Rating on Apple (AAPL)
January 28, 2022 6:12 AM ESTPiper Sandler analyst Harsh Kumar reiterated an Overweight rating and $200.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apple reported a strong December quarter, with record results across most categories. The company was able to deliver the strong results and March quarter... More
JPMorgan Reiterates Top Pick on Apple (AAPL), Remains Overweight with $200 PT
January 28, 2022 6:11 AM ESTJPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $210.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apple looks set to finally break the jinx around earnings prints with the combination of the stronger results, including +11% y/y increase in revenue in F1Q (Dec), and guidance for solid y/y growth in revenues for F2Q (Mar), likely to drive consensus revenue and earnings higher for FY22. Importantly, the double-digit revenue... More
Citi Gives Five Reasons to Stay Long on Apple (AAPL), Reiterates Buy and $200 PT
January 28, 2022 6:08 AM ESTCiti analyst Jim Suva reiterated a Buy rating and $200.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "1. Apples revenues should continue to grow y/y, as we do not believe that Apple was purely a Covid/stimulus beneficiary. When the... More
UPDATE: Apple (AAPL) PT Raised to $169 at Barclays
January 28, 2022 4:59 AM EST(Updated - January 28, 2022 6:06 AM EST)
Barclays analyst Tim Long raised the price target on Apple (NASDAQ: AAPL) to $169.00 (from $145.00) while maintaining a Equalweight rating.
The analyst comments "Apple beat Dec-Q revenue, with better iPhone and Services revenue, offsetting weak iPad,... More
UPDATE: Apple (AAPL) PT Raised to $185 at UBS
January 28, 2022 3:34 AM EST(Updated - January 28, 2022 6:10 AM EST)
UBS analyst David Vogt raised the price target on Apple (NASDAQ: AAPL) to $185.00 (from $175.00) while maintaining a Buy rating.
The analyst comments "Although Services revenue growth continues to post strong results (~24% YoY, 600 bps above forecast), investor focus heading into earnings was... More
UPDATE: Apple (AAPL) PT Raised to $190 at Raymond James
January 28, 2022 2:58 AM EST(Updated - January 28, 2022 2:59 AM EST)
Raymond James analyst Chris Caso raised the price target on Apple (NASDAQ: AAPL) to $190.00 (from $185.00) while maintaining a Outperform rating.
The analyst comments "We reiterate our Outperform rating on Apple and raise our price target to $190 following December quarter results.... More
UPDATE: Apple (AAPL) PT Raised to $210 at Morgan Stanley
January 28, 2022 1:42 AM EST(Updated - January 28, 2022 6:05 AM EST)
Morgan Stanley analyst Katy Huberty raised the price target on Apple (NASDAQ: AAPL) to $210.00 (from $200.00) while maintaining a Overweight rating.
The analyst comments "Apple has the world's most valuable technology platform with 1.8Bn active... More
UPDATE: Apple (AAPL) PT Raised to $215 at BofA Securities
January 28, 2022 12:54 AM EST(Updated - January 28, 2022 6:07 AM EST)
BofA Securities analyst Wamsi Mohan raised the price target on Apple (NASDAQ: AAPL) to $215.00 (from $210.00) while maintaining a Buy rating.
The analyst comments "The resilience of Apples financials and consistent ability to deliver... More
