Samsung's Latest Smartphone Puts Apple (AAPL) in Hot Seat

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Samsung Event Called 'Half Baked'; Cantor Reiterates Buy Rating on Apple (AAPL) Ahead of Fall Launch

September 4, 2014 9:02 AM EDT

Cantor Fitzgerald maintained a Buy rating on Apple (NASDAQ: AAPL) with a price target of $123. Analyst Brian White said Samsung's half baked event yesterday makes Apple's fall launch easier.

"Yesterday, Samsung introduced new mobile device products that we believe were aimed at creating a buzz around Samsung ahead of Apple's Special Event on September 9, in an effort to steer consumers to the company's new smartphones this... More