Arm Holdings (ARM) Announces 95.5M Share IPO at $47-$51/sh; AMD, Apple, Nvidia and others Seek to Buy $735M of Shares

CFRA is Bullish on Apple (AAPL), 'we expect the iPhone 15...to be superior to the Mate 60'

September 7, 2023 4:43 PM EDT

CFRA analyst Angelo Zino reiterated a Buy rating and {REMOVEPT} price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL shares are being pressured on two concerns: 1) China seeking to broaden an iPhone ban to state firms/agencies; and 2) greater competitive pressures after a well-received launch... More

Evercore ISI reiterates Outperform as Apple (AAPL) contends with China related pressure

September 7, 2023 1:55 PM EDT

Evercore 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 EDT

Evercore 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

New Street Research says reported Arm Holdings (ARM) valuation is 'attractive'

September 5, 2023 10:28 AM EDT

New Street Research analyst Pierre Ferragu said in a research note Tuesday that the reported Arm Holdings (NYSE: ARM) IPO range is an "attractive valuation."

Reuters reported over the weekend that SoftBank is considering listing Arm at a $50 billion to $54 billion valuation. This... More

Similarities between Apple and IBM 'not unfounded' says Bernstein

September 5, 2023 8:04 AM EDT

In 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

Arm Holdings (ARM): key facts about the highly anticipated IPO

September 5, 2023 7:18 AM EDT

Arm Holdings (NYSE: ARM) has today disclosed additional details regarding its highly anticipated Initial Public Offering (IPO). Here are key things to know:

The company will be offering American Depositary Shares (ADS), with each ADS representing the right to one ordinary... More