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StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
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- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Apple (AAPL) PT Raised to $260 at CFRA, 'We expect iPhone revenue to accelerate to at least 6%-8%'
July 16, 2024 1:38 PM EDTCFRA analyst Angelo Zino raised the price target on Apple (NASDAQ: AAPL) to $260.00 (from $240.00) while maintaining a Buy rating.
The analyst comments "We up our 12-month target to $260 from $240, shifting to a P/E of 31x to our CY 26 EPS of $8.30,... More
iPhone volumes better than expected: JPMorgan
July 16, 2024 10:24 AM EDTAccording to JPMorgan analysts, the global smartphone industry is showing signs of recovery, with iPhone shipments outperforming expectations in the second quarter of 2024.
The US investment bank said in a note Tuesday that the IDC's quarterly smartphone shipment tracker revealed a modest -1% sequential decline for 2Q24, which contrasts with the typical seasonality of a +2% increase.
Despite this decline, JPMorgan noted the... More
Apple (AAPL): iPhone cede incremental share in the month of June
July 15, 2024 1:58 PM EDTUBS analysts highlighted a challenging month for Apple (NASDAQ: AAPL) iPhone sales, noting that the company saw minimal growth compared to its competitors in June, according to preliminary data from Counterpoint.
In their note, UBS pointed out that "iPhone unit sell-through was up roughly +1% in the month compared to global smartphone growth of ~4%," indicating a marginal performance that trailed the... More
