EU labels six major tech groups as "gatekeepers" under new competition rules
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JPMorgan Comments on USA versus Alphabet (GOOG) Trial
September 8, 2023 10:27 AM EDTJPMorgan analyst Doug Anmuth reiterated an Overweight rating and $150.00 price target on Alphabet (NASDAQ: GOOG).
The analyst comments "The long awaited USA vs. Google trial is set to begin next week on September 12. The trial will determine if Google has unlawfully maintained monopoly power through a set of exclusive contracts with distribution partners including web browser developersmost notably Appleand Android OEMs (i.e. Samsung) & carriers (i.e. Verizon). In this report we look at some potential outcomes of the trial and analyze the potential financial impact. Going in,... More
Citi Closes 90-Day Upside Catalyst Watch on Apple (AAPL)
September 8, 2023 4:47 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $240.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "While we remain positive into iPhone 15 launch event on Sep 12th ($100-$200 price increases for Pro models + strong replacement cycle in iPhone 12 installed... More
CFRA is Bullish on Apple (AAPL), 'we expect the iPhone 15...to be superior to the Mate 60'
September 7, 2023 4:43 PM EDTCFRA 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 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
Morgan Stanley sees path to $20 of 2024 EPS for Meta Platforms (META)
September 7, 2023 8:04 AM EDTMorgan Stanley analyst Bran Nowak told investors in a note Thursday that they see a path to $20 of 2024 EPS for Meta Platforms (NASDAQ: META).
Nowak, who has an Overweight rating and a $375 price target on the stock, stated that their bottom-up ad... More
The Microsoft Teams decoupling could boost this popular competitor
September 6, 2023 2:28 PM EDTBTIG believes the Teams decoupling from Microsoft (NASDAQ: MSFT) in European Union markets in October could boost a significant Teams competitor.
Analyst Matt VanVliet explained in his note this week that "MSFT 365 and Office 365 suite users that fall under the jurisdiction of the European Commission and Switzerland that do not want to have Teams will have pricing... More
