Apple (AAPL) Launch Called 'Impresive'; Price Target Raised to $115 at Goldman Sachs
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Apple (AAPL) Watch 'Buries the Competition', Could Be Bigger than iPad - Needham & Company
September 10, 2014 12:42 PM EDTNeedham & Company analyst Charlie Wolf weighed in on Apple (NASDAQ: AAPL) following the introduction of the Apple Watch. Wolf said the Apple Watch "buries the competition" and sees the device potentially becoming bigger than the iPad.
Wolf highlighted the watch's digital crown, "the new... More
Apple (AAPL) Watch $15-$60 Billion Revenue Opportunity - Deutsche Bank
September 10, 2014 9:03 AM EDTDeutsche Bank maintained a Buy rating on Apple (NASDAQ: AAPL) with a price target of $105. Analyst Sherri Scribner thinks Apple's iPhone and Apply Pay were in line with expectations. Regarding the Apple Watch, she said it could be a $15-$60 billion revenue opportunity.
"As has been widely anticipated, today AAPL unveiled two larger iPhones, mobile payments, and a wearable... More
Apple (AAPL) iPhone News 'In-Line', Apple Pay 'Better', Apple Watch a Wildcard - Bernstein
September 10, 2014 8:35 AM EDTBernstein analyst Toni Sacconaghi reiterated an Outperform rating and $108 price target on Apple (NASDAQ: AAPL) after the company introduced the iPhone 6 and 6+, an Apple Watch, and Apple Pay.
On the iPhone, Sacconaghi said it was "were very much in line with expectations most notably, however, China is absent from Apple's initial country rollout, potentially hinting at some supply constraints relative to last year's launch." He added, "Apple only raised price (by $100) on its 5.5" model, while retaining price on the 4.7" device, raising the question of whether the company can sustain gross... More
Apple (AAPL) PT Raised to $115 at FBN Securities
September 10, 2014 8:11 AM EDTFBN Securities analyst Shebly Seyrafi reiterated an Outperform rating and raised Apple (NASDAQ: AAPL) price target of $115.00 (from $110.00) following the iPhone 6 (and 6 Plus), Apple Watch, and Payments. While raising estimates the analyst is somewhat disappointed about the timing of the... More
Pacific Crest Downgrades Apple (AAPL) to Sector Perform
September 10, 2014 7:22 AM EDTPacific Crest downgraded Apple (NASDAQ: AAPL) from Outperform to Sector Perform with a price target of $100 (unchanged). The analyst said the new products lack massive profit drivers.
NOTE: The downgrade may not come as a complete surprise as the analyst... More
Fossil (FOSL) and Apple (AAPL) Watch Can Co-Exists, Jefferies Says
September 10, 2014 7:03 AM EDTJefferies analyst Randal Konik reiterated a Buy rating and $140 price target on Fossil (NASDAQ: FOSL) amid news of the Apple (NASDAQ: AAPL) watch. The analyst believes they can co-exist.
Konik comments, "Look, the... More
Apple (AAPL) Launches Most Important of Cook Era - Susquehanna
September 10, 2014 6:46 AM EDTSusquehanna analyst Chris Caso reiterated a Positive rating and $115 price target on Apple (NASDAQ: AAPL) following the launch of the iPhone 6, iPhone 6 Plus, Apple Watch, and Apple Pay.
Caso commented, "AAPL product launches yesterday were clearly the most important in the Tim Cook era, which we think... More
Apple's (AAPL) Live Event Generates Millions of Posts on Twitter (TWTR)
September 9, 2014 3:44 PM EDTMore than 2.4 million posts were made to Twitter (NYSE: TWTR) regarding Apple's (Nasdaq: AAPL) iPhone and Watch event today. Posts were counted with the tag #AppleLive, so we suspect there were a lot more floating around.
Other... More
Apple (AAPL) Turns Negative Following iPhone 6, Apple Watch Event
September 9, 2014 3:10 PM EDTApple (NASDAQ: AAPL) shares give up gains following iPhone, Apple Watch event. The stock is now down 1.5 percent.
... More
