Apple (AAPL) Tops Estimates Despite Services Slowdown, Analysts Remain Bullish
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October 28, 2022 10:12 AM EDT
Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "We are removing Apple from our tactical outperform list as our key catalyst was the Sept-qtr earnings that were reported last night. AAPL reported Sept-qtr results of $90.15B/$1.29 (vs. street at $88.7B/ $1.27) with topline growth of 8% despite nearly ~600bps of f/x headwind. Notably, iPhone growth was robust at 10% (though ~100bps below street... More
October 28, 2022 5:53 AM EDT
Credit Suisse analyst Shannon Cross lowered the price target on Apple (NASDAQ: AAPL) to $184.00 (from $190.00) while maintaining a Outperform rating.... More
October 28, 2022 4:21 AM EDT
Deutsche Bank analyst Sidney Ho lowered the price target on Apple (NASDAQ: AAPL) to $170.00 (from $175.00) while maintaining a Buy rating.... More
October 28, 2022 4:02 AM EDT
Citi analyst Jim Suva lowered the price target on Apple (NASDAQ: AAPL) to $175.00 (from $185.00) while maintaining a Buy rating.... More
October 28, 2022 3:53 AM EDT
KeyBanc analyst Brandon Nispel lowered the price target on Apple (NASDAQ: AAPL) to $177.00 (from $185.00) while maintaining a Overweight rating.... More
