S&P 500 ends flat, Apple spike lifts Nasdaq
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February 1, 2017 10:14 AM EST
FBN Securities analyst Shebly Seyrafi raised its price target on Apple (NASDAQ: AAPL) to $145.00 (from $130.00) while maintaining a Outperform rating.
Seyrafi commented, "In summary, we believe that investors should be buying shares of AAPL after the report today as iPhone returned... More
February 1, 2017 8:12 AM EST
Drexel Hamilton analyst Brian J. White reiterated his Buy rating and $185 price target on Apple (NASDAQ: AAPL) following strong results after the close.
White highlighted:
Last night, Apple returned to revenue and iPhone unit growth with a strong 1Q:FY17 performance, combined with a conservative 2Q:FY17 outlook. We are adjusting our FY:17 estimates lower but increasing our FY:18 estimates for the iPhone "X". We reiterate our BUY rating and $185.00 price target.After three consecutive quarters of a negative revenue cycle,...
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