Tag Archive | "Apple Stock"
As Apple gobbles up industry profits with the iPhone, analyst anticipates AAPL shares to reach $356
Fortune reports that Canaccord Genuity recently initiated its coverage of Apple with a “buy” rating and an impressively high stock target of $356. Driving the companies bullish outlook on Apple, analyst T. Michael Walkley explains that it’s not just Apple’s innovative products that are at work here, but the company’s ability to churn out immense […]
Continue reading...Analyst ups Apple stock target to $374 as Apple shares hit new intraday high
Monday, September 20, 2010
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Citing even stronger than anticipated demand for the iPad, Kaufman Bros. analyst Shaw Wu raised his stock target for Apple shares to $374, up from a previous target of $350. In a research note to clients, and summarized by Philip Elmer-DeWitt over at CNN, Wu highlighted the following reasons behind his bullish position. Strong demand […]
Continue reading...Apple stock closes at all-time high of 276.57
Thursday, September 16, 2010
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Apple stock today closed at $276.57 a share, marking an all-time closing high for the stock. Related: Analyst anticipates AAPL shares might hit $400 by early 2011 via 9to5Mac
Continue reading...Is Apple stock cheap at the moment?
Tuesday, August 31, 2010
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With Apple’s stock price currently hovering under $245, Chad Brand of Seeking Alpha lays forth the argument that the stock is actually undervalued at the moment. Despite my roots as a value manager, in recent weeks I have been a fairly aggressive buyer of Apple shares. Such an investment may not seem appropriate for a […]
Continue reading...Apple’s enormous stockpile of cash – much ado about nothing
Monday, August 16, 2010
You know that scene from the opening of Duck Tales where Scrooge McDuck dives into a big ole’ pool filled to the brim with money and gold coins? Well, with over $46 billion in assorted securities to Apple’s name, you could easily build such a pool on Apple’s campus, fill it with money, and still have […]
Continue reading...Independent analyst anticipates Apple share price to hit $400 by early 2011
Thursday, August 12, 2010
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When it comes to predicting Apple’s quarterly financial reports, resourceful Apple finance guru Andy Zaky consistently bests everybody on Wall Street. In a recent piece contributed to CNN, Zaky writes that Apple’s stock valuation may very well hit $400 a share by early 2012 at the latest. If there is one thing that readers should […]
Continue reading...Analyst raises stock target for Apple stock to $375
Monday, August 9, 2010
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Bullish Apple analyst Charlie Wolf is blown away by Apple’s fundamentals – so much so that he recently upped his stock target on the stock from $280 to $375. Here’s why: Explosive iPad sales.“We forecast that iPad sales would reach 20 million in 2019, the final year in our valuation exercise. iPad sales are already tracking […]
Continue reading...JP Morgan ups Apple stock target to $400
Wednesday, July 21, 2010
Following Apple’s blowout Q3 quarter which saw the company’s profits increase an astounding 77%, JP Morgan analyst Mark Moskowitz upped his target for Apple’s share price to $400. We reiterate our Overweight rating and increase our Dec-11 price target to $400, from $390 previously. Apple is also on the J.P. Morgan Analyst Focus List. While the […]
Continue reading...Analyst raises Apple stock target to $375
Wednesday, June 23, 2010
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In a recent research note issued to investors, Chris Whitmore of Deutsche raised his price target for Apple shares to $375, the highest target we’re aware of. Apple is beginning the strongest product cycle in the company’s history, led by the iPad and iPhone 4 release later this week. Initial demand for the new iPhone is incredibly […]
Continue reading...Gene Munster raises stock target on Apple shares to $348
Monday, June 21, 2010
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Piper Jaffray analyst Gene Munster issued a note to investors last Wednesday upping his target price for Apple shares to $348, up from a previous target of $330. Regarding the iPhone, Munster now expects Apple to sell 9.5 million units in the June quarter alone, up from a previous estimate of 8.5 million units.
Continue reading...Analyst raises 2010 iPad sales estimate to 10 million, ups AAPL stock target to $332
Monday, June 14, 2010
Following last Monday’s Keynote address, Morgan Stanley analyst Katy Huberty issued a research note to investors predicting iPad unit sales to reach 10 million in 2010. Huberty’s previous iPad sales estimate was 6 million units. Accordingly, Huberty raised her target price for Apple stock to $332, up from a previous target of $310. Under Huberty’s […]
Continue reading...Analyst: T-Mobile may get the iPhone before Verizon
Thursday, June 10, 2010
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Move over Verizon, T-Mobile may be jumping to the front of the line in the ongoing race amongst carriers to join AT&T as a heralded iPhone provider. In recently issued research report, analyst Shaw Wu of Kaufman Brothers writes that T-Mobile may start carrying the iPhone by 2011, and as early as this fall. Much […]
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Wednesday, September 22, 2010
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