Credit Suisse Raises Estimates and Price Target on Apple (AAPL)
Tweet
Share
E-mail
Get Alerts AAPL Hot Sheet
Price: $338.12 +0.59%
Rating Summary:
45 Buy, 28 Hold, 9 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 9 | Down: 5 | New: 25
Rating Summary:
45 Buy, 28 Hold, 9 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 9 | Down: 5 | New: 25
Join SI Premium – FREE
Credit Suisse raised Q2 estimates on Apple (Nasdaq: AAPL), citing better-than-expected demand for Macs and iPhones. The firm also raised its price target on Apple to $133.
The firm now sees Apple earning $1.09 in the second quarter on revenues of $7.76 billion. For the year, the firm now sees Apple earnings $5.11 per share on revenues of $34.5 billion.
With shares of Apple trading up 2.8% to $119.56 this morning, Credit Suisse's new price target suggests upside of about 11% from current levels.
For more analyst ratings on AAPL click here.
The firm now sees Apple earning $1.09 in the second quarter on revenues of $7.76 billion. For the year, the firm now sees Apple earnings $5.11 per share on revenues of $34.5 billion.
With shares of Apple trading up 2.8% to $119.56 this morning, Credit Suisse's new price target suggests upside of about 11% from current levels.
For more analyst ratings on AAPL click here.
You May Also Be Interested In
- Cantor Fitzgerald Starts Securitize Corp (SECZ) at Overweight
- AMC Entertainment launches tender offer for $360M in senior notes
- Turning Point Brands names new CEO, tightens 2026 EBITDA guidance
Create E-mail Alert Related Categories
Analyst Comments, Insiders' BlogRelated Entities
Credit Suisse, CitiSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
