Nonfarm payrolls ahead, Apple earnings - what's moving markets

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CFRA on Apple (AAPL): 'we think these upgrades...will help drive a return to growth'

May 7, 2024 12:38 PM EDT

CFRA analyst Angelo Zino reiterated a Buy rating and $210.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL is fully revamping its iPad line-up with a larger 13-inch iPad Air and new M4 chips (from M2) for iPad Pros. The Pros also possess a... More

BofA Securities Positive on Apple (AAPL): 'Another qtr of buyback authorization and div increase'

May 7, 2024 9:32 AM EDT

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $230.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "

During the F2Q earnings call, mgmt. announced that the Board of Directors had authorized an additional $110bn for share buybacks,... More

Qualcomm (QCOM) PT Raised to $205 at Argus

May 7, 2024 7:46 AM EDT

Argus analyst Jim Kelleher raised the price target on Qualcomm (NASDAQ: QCOM) to $205.00 (from $180.00) while maintaining a Buy rating.

The analyst comments "Android recovery and automotive drive growth. Qualcomm delivered revenue and adjusted EPS that topped consensus expectations for fiscal 2Q24. Sales grew... More

Apple (AAPL) PT Raised to $230 at BofA Securities, 'many positive catalysts ahead'

May 3, 2024 9:32 AM EDT

BofA Securities analyst Wamsi Mohan raised the price target on Apple (NASDAQ: AAPL) to $230.00 (from $225.00) while maintaining a Buy rating.

The analyst comments "The thesis for our upgrade to Buy earlier this year (see our note) is playing out with: (1) strong multi-year... More

Evercore ISI on Apple (AAPL): 'Making Apple Great Again. Maintain TOP PICK'

May 3, 2024 6:20 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL reported better than expected set of numbers and crucially their commentary was much better than buyside fears. Stock should work higher from here as compares get easier, catalysts add up and AAPL executes on AI in a more capital efficient manner vs. other tech companies. March-qtr print came in at $90.8B/1.53 vs. street at $90.4B/1.51 as... More