Piper Jaffray's Munster Maintains Overweight, $120 PT on Apple (AAPL) Post Q4

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Apple (AAPL) Price Target Lifted to $110 at Bernstein

October 21, 2014 12:48 PM EDT

Bernstein analyst Toni Sacconaghi bumped his price target on Outperform-rated Apple (NASDAQ: AAPL) to $110.00 (from $108.00) following Q4 results.

Sacconaghi commented, "Apple's FY Q4 results were strong, driven by iPhone and Mac, and the company guided for FY Q1 revenues and EPS that were above... More

Apple (AAPL) PT Lifted to $130 at FBN Securities

October 21, 2014 10:12 AM EDT

FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating and boosted his price target on Apple (NASDAQ: AAPL) to $130.00 (from $115.00) following strong Q4 results and guidance.

Seyrafi commented, "The company reported a nice revenue and EPS beat driven by strength in iPhone shipments (39.3M, up 16% Y/Y and 5% above consensus) driven by strong initial shipments of the iPhone 6/6+ (which became available in many countries including the US on Sept. 19) and by better than expected MAC and iPod results offset by weaker than... More

Goldman Sachs Lifts Apple (AAPL) Price Target 8% to $124

October 21, 2014 9:58 AM EDT

Goldman Sachs analyst Bill Shope reiterated a Buy rating on Apple (NASDAQ: AAPL) while boosting his price target to $124.00 (from $115.00) following strong Q4 results.

"This was a strong set of results as Apple delivered a clean beat both for the September quarter and December... More

Apple (AAPL) Estimates, PT Raised at Wells Fargo

October 21, 2014 9:54 AM EDT

Wells Fargo analyst Maynard Um bumped his valuation range on Apple (NASDAQ: AAPL) to $92.00 to $102.00 from $89.00 to $99.00 following strong Q4 results while maintaining a Market Perform rating.

Um said solid results and guidance was driven by not only strong demand but also... More

Deutsche Bank Maintins Neutral View on Apple (AAPL) Despite Strong Results

October 21, 2014 9:47 AM EDT

Deutsche Bank analyst Sherri Scribner reiterated a Hold rating and $102 price target on Apple (NASDAQ: AAPL) following Q4 results in a report entitled "Even Granny Smith bought an iPhone."

Scribner commented, "AAPL delivered solid F4Q-14 results with revenue and EPS ahead... More

Apple (AAPL) PT Lifted to Street High $143 at Cantor Fitzgerald

October 21, 2014 9:43 AM EDT

Cantor Fitzgerald analyst Brian White reiterated a Buy rating and boosted his Apple (NASDAQ: AAPL) price target to $143.00 (from $123.00) following strong Q4 results.

White commented, "In our view, Apple executed impressively in the September quarter and provided a strong 1Q:FY15 (ending December)... More

Canaccord Genuity Lifts Apple (AAPL) Price Target to $120

October 21, 2014 8:36 AM EDT

Canaccord Genuity analyst T. Michael Walkley reiterated a Buy rating and boosted his price target on Apple (NASDAQ: AAPL) to $120.00 (from $115.00) following strong Q4 results.

Walkley commented, "We maintain our expectations for a record iPhone 6 upgrade cycle driven by strong replacement sales to existing... More

Apple (AAPL) PT Raised to $128 at BTIG

October 21, 2014 8:12 AM EDT

BTIG analyst Walter Piecyk boosted his price target on Buy-rated Apple (NASDAQ: AAPL) to $128.00 (from $112.00) on higher estimates and target multiple following strong Q4 results.

Piecyk commented, "We increased our Fiscal 2015 EPS estimate by $0.50 to $7.50, reflecting 17% growth. Strong unit growth... More

Apple (AAPL) Margin Guidance Supports Bullish Thesis, BofA/Merrill Lynch Says

October 21, 2014 7:00 AM EDT

BofA/Merrill Lynch analyst Wamsi Mohan reiterated a Buy rating and $120 price target on Apple (NASDAQ: AAPL) following Q4 results while raising F15 revenue and EPS estimates to $221bn/$7.97 from $220bn/$7.86, respectively.

Mohan commented, "Gross margin guidance of flat... More

Apple (AAPL) Remains 'Remarkable' Says Macquarie; Target Goes to $118

October 21, 2014 6:47 AM EDT

Macquarie analyst Ben Schachter reiterated an Outperform rating and boosted his price target on Apple (NASDAQ: AAPL) to $118.00 (from $104.00) following strong Q4 results and outlook.

Schachter commented, "AAPL continues to execute. As expected, iPhone rev was very strong, up 16% y/y. Importantly, AAPL... More

Apple (AAPL) Results Reflect 'Very Strong' iPhone 6 Growth, Susquehanna Says

October 21, 2014 6:33 AM EDT

Susquehanna analyst Chris Caso reiterated a Positive rating and $120 price target on Apple (NASDAQ: AAPL) following Q4 results after the close.

Caso commented, "AAPLs report reflected the very strong iPhone 6 growth we have been expecting all year, and the results didnt disappoint. The only area of the report which may raise some eyebrows... More

Apple (AAPL) Target Raised 3% at BMO Capital Following Strong Results

October 21, 2014 6:29 AM EDT

BMO Capital analyst Keith Bachman reiterated an Outperform rating and bumped his price target on Apple (NASDAQ: AAPL) to $113.00 (from $110.00) following Q4 results after the close.

Bachman commented, "Our lone concern heading into Apples earnings report was the December quarter gross... More

Cowen Lifts PT on Apple (AAPL) to $113; Q3 Results Solid, China Sell-Through Encouraging

October 21, 2014 6:22 AM EDT

Cowen and Company boosts its price target on Apple (Nasdaq: AAPL) from $110 up to $113 and maintains an Outperform rating following Q3 results issued Monday night.

Analyst Timothy Arcuri observed: Revs/EPS $42.1B/$1.42 beat our $40.0B/$1.33 and Street $39.8B/$1.31 on better iPhone units/ASP and GM at high-end. iPhone units 39.2MM (+16% Y/Y) beat our 38MM and ASP was notably up $42 Q/Q - a very solid number given 6/6+ mix still on the low side and will only get better even w/6+ supply... More

Apple (AAPL) Tops Q4 EPS by 11c; Issues Solid Outlook

October 20, 2014 4:30 PM EDT

Apple (NASDAQ: AAPL) reported Q4 EPS of $1.42, $0.11 better than the analyst estimate of $1.31. Revenue for the quarter came in at $42.12 billion versus the consensus estimate of $39.85 billion.

The company sold 39.27 million iPhone units (versus the consensus of 37 - 38 million), 12.31 million iPad units (versus the consensus of 12... More