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- S&P closes at record high as soft jobs report eases rate-hike concerns
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- Brent climbs $1 on uncertainty over end to Iran war
- Atlassian results seen as 'game changer' for AI kills software worries
- The Trade Desk hit by Wall St downgrades after disappointing Q2 results, outlook
- Citi cuts Micron stock target, sees memory chip prices peaking in 2Q27
- S&P closes at record high as soft jobs report eases rate-hike concerns
- Atlassian results seen as 'game changer' for AI kills software worries
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Microsoft only US hyperscaler with positive free cash flow as AI capex bites
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Lightshed Partners Upgrades Apple (AAPL) to Neutral, 'Can’t Disprove the Hype (Yet)'
June 11, 2024 3:34 PM EDTLightshed Partners analyst Walter Piecyk upgraded Apple (NASDAQ: AAPL) from Sell to Neutral.
The analyst comments "The pace at which companies have integrated AI into applications and devices has been impressive and only scratches the surface of what is possible. AI is... More
Rosenblatt Reiterates Neutral Rating on Apple (AAPL)
June 11, 2024 6:34 AM EDTRosenblatt analyst Barton Crockett reiterated a Neutral rating and $196.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apple sells over 200 million iPhones a year, and has an iPhone installed base of over 1 billion devices. But only about 10% of the... More
JPMorgan Reiterates Overweight Rating on Apple (AAPL)
June 11, 2024 5:41 AM EDTJPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $225.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apples keynote at WWDC showcased enough enhancements on the feature sets across native apps and third-party apps with integration of A(pple) I(ntelligence) to assure us of the expected upgrade cycle with the launch of the iPhone 16 and release of iOS18 in the fall of this year. While the shares might be taking a breather today after recent outperformance into the event on the absence of any killer apps, our experience with... More
Barclays Reiterates Underweight Rating on Apple (AAPL)
June 11, 2024 5:39 AM EDTBarclays analyst Tim Long reiterated an Underweight rating and $164.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "This week, Apple is hosting its annual Worldwide Developers Conference, where CEO Tim Cook and his team are introducing new software features across its operating system ecosystem with incremental enhancements the keynote portion of the presentation took place this afternoon. While Apples software and... More
BofA Securities Reiterates Buy Rating on Apple (AAPL)
June 11, 2024 5:38 AM EDTBofA Securities analyst Wamsi Mohan reiterated a Buy rating and $210.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "We believe Apples WWDC was the best WWDC conference in a long time as it introduced AI for the rest of the people.... More
