U.S. stock futures mixed, Chinese exports fall - what's moving markets

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Goldman Sachs on Apple (AAPL) and China: 'any direct impacts of the reported government ban should prove minimal'

September 11, 2023 9:28 AM EDT

Goldman Sachs analyst Michael Ng reiterated a Conviction Buy rating and $222.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "According to the WSJ, the Chinese government ordered officials at certain government agencies and state-owned enterprises not to use foreign-branded devices including the iPhone for work or bring them into the... More

Citi Closes 90-Day Upside Catalyst Watch on Apple (AAPL)

September 8, 2023 4:47 AM EDT

Citi 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 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

Morgan Stanley are buyers of any Apple (AAPL) underperformance post iPhone 15 launch

September 7, 2023 8:57 AM EDT

Apple (NASDAQ: AAPL) iPhone revenue will grow year-on-year in FY24, according to Morgan Stanley's Erik Woodring in a note Thursday.

The analyst, who maintained an Overweight rating and $215 price target on the tech giant's shares, said despite concerns about a muted iPhone 15 cycle, they believe iPhone revenue will increase due to a growing installed... More