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FBR Capital Latest to Cut Apple (AAPL), But Says Catalysts Could Create a Floor
January 25, 2013 11:37 AM ESTWhile most on Wall Street slashed their price target on Apple (NASDAQ: AAPL) on Thursday, FBR Capital's Scott Thompson waited a day. In a report out this morning, Thompson cut his price target from $675 to $625, while maintained an Outperform rating.
He noted iPhone, iPad, and Mac unit volumes and ASPs were below our/consensus expectations and well below levels necessary to serve as a much needed positive catalyst for the shares.
While the Q1 report was... More
Netflix (NFLX) Rips Short Sellers Heart Out; Icahn and Tilson Count Gains
January 25, 2013 11:04 AM ESTAfter Thursday's 42 percent surge on the back of better-than-expected fourth quarter results and outlook, Netflix, Inc. (NASDAQ: NFLX) continues to rip the hearts out of short sellers. Shares of the Internet video company are up another 12.4 percent early Friday to $165.11.
The latest short... More
