Apple to discontinue 'buy now, pay later' service in US as it plans new loan program
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Wall St rises as oil slide offers respite after Fed rate hike
- Oil falls 2% to one-week low as Middle East supply disruption fears ease
- The Fed is hiking. Why isn't UBS worried about stocks?
- Wall Street on Fed rate hike: 'As hawkish as it gets'
- RBC bullish on Kraft Heinz, sees return to growth in 2027
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- GlobalFoundries and Marvell expand SiGe capacity for optical networking
Apple (AAPL) stock rating cut at Phillip Capital following rally
June 18, 2024 6:47 AM EDTApple (NASDAQ: AAPL) was cut to Neutral from Accumulate by analysts at Phillip Capital in a note Tuesday, with the firm citing the iPhone maker's recent share price movement as its primary reason for the re-rating. However the firm increased its target for the stock to $220 from $194.
The... More
Apple (AAPL) PT Raised to $245 at JPMorgan, 'AI-Highs Still to Be Seen As Upgrade Cycle Led EPS Upsides Leave a Lot of Room'
June 18, 2024 5:03 AM EDTJPMorgan analyst Samik Chatterjee raised the price target on Apple (NASDAQ: AAPL) to $245.00 (from $225.00) while maintaining a Overweight rating.
The analyst comments "We are updating our volume forecasts for the iPhone 16 and iPhone 17 cycle following the WWDC event, which laid out a collection of AI features that in our view will drive an upgrade cycle that starts with the iPhone 16 launch (primarily FY25 impact to financials) followed by a cycle peak with the launch of iPhone 17 (primarily FY26 impact to financials). We are raising our iPhone... More
