Apple (AAPL): Looking like the old IBM? - Bernstein
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Evercore ISI reiterates Outperform as Apple (AAPL) contends with China related pressure
September 7, 2023 1:55 PM EDTEvercore ISI reiterated an Outperform rating on Apple Inc. (NASDAQ: AAPL) with a 12-month price target of $210.00.
In the past few days, Apple's stock has faced downward pressure due to ongoing geopolitical tensions between the United States and China. In a recent development, it was announced that the Chinese Communist Party (CCP) instructed employees against using... More
Evercore ISI Defending Apple (AAPL), Says China Related Weakness is More of a Headline Issue than Something Material
September 7, 2023 11:44 AM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $210.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apple stock has been under pressure in recent days on the back of US/China geopolitical issues. Most recently, it was announced that the CCP told employees not to use Apple iPhones (or other... More
Similarities between Apple and IBM 'not unfounded' says Bernstein
September 5, 2023 8:04 AM EDTIn a note to clients Tuesday, Bernstein analyst Toni Sacconaghi said that Apple's (NASDAQ: AAPL) financials are "strikingly similar" to IBM's (NYSE: IBM).
The financial comparisons with IBM two decades ago are not unfounded,... More
New Huawei Mate 60 poses a downside risk to iPhone sales in China - BofA
September 5, 2023 7:03 AM EDTHuawei has recently introduced the Mate 60 and Mate 60 Pro smartphones, featuring their proprietary Kirin 9000s chipset, which demonstrates performance levels comparable to 5G speeds.
Bank of America analyst Wamsi Mohan says this release marks a significant achievement for the company, especially considering the challenges it faced... More
