After-hours movers: Apple, Amazon, Intel and more

HSBC on Apple (AAPL): 'We see Apple bringing useful services to its customers (and unmatched privacy too)'

HSBC analyst Erwan Rambourg reiterated a Hold rating and $190.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "

Fiscal Q4 24 results: Apple delivered a record revenue for its September-end quarter, including for iPhone and an all-time record for Services revenue. Group revenues grew 6.1% to USD95bn (0.4% beat vs Visible Alpha consensus). Greater China sales were almost flat (-0.3% y-o-y) after four consecutive quarters of decrease. iPhone sales were up 5.5% y-o-y, a 2% consensus beat (49% of Group sales). Gross margin hit USD43.9bn (0.8% beat, 46.2% of sales vs guided 45.5-46.5%). EPS of USD0.97 was short of... More

Atlassian Corporation (TEAM) PT Raised to $245 at Goldman Sachs

Goldman Sachs analyst Kash Rangan raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $245.00 (from $230.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and raise our PT to $245 ($230 prior) following TEAMs F1Q25 earnings. The stock is +18% AH following beats on Subscription Revenue (+3% vs. Consensus) and OPM (+400bps), driven by DC (+300bps vs. guide) and Cloud... More

Amazon.com (AMZN) PT Raised to $225 at Seaport Global Securities

Seaport Global Securities analyst Aaron Kessler raised the price target on Amazon.com (NASDAQ: AMZN) to $225.00 (from $200.00) while maintaining a Buy rating.

The analyst comments "We maintain our Buy rating and increase our PT to $225 (sum of parts analysis) from $200. Amazon reported... More

Atlassian Corporation (TEAM) PT Raised to $280 at Jefferies

Jefferies analyst Brent Thill raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $280.00 (from $240.00) while maintaining a Buy rating.

The analyst comments "TEAM is up 18% AH driven by a strong top-line beat and F25 Cloud guide raise to 24% (vs. 23% prior).... More

Amazon.com (AMZN) PT Raised to $232 at Deutsche Bank

Deutsche Bank analyst Leo Horowitz raised the price target on Amazon.com (NASDAQ: AMZN) to $232.00 (from $225.00) while maintaining a Buy rating.

The analyst comments "With investor concerns around a softer 4Q OI guide from Amazon well articulated heading into 3Q earnings, the company surpassed profitability expectations with the LOW end of the 4Q guide of $16bn around where investors... More

Deutsche Bank Reiterates Hold Rating on Intel (INTC)

Deutsche Bank analyst Ross Seymore reiterated a Hold rating and $25.00 price target on Intel (NASDAQ: INTC)

The analyst comments "After a tumultuous 2Q, Intel delivered a very solid 3Q/4Q report/guide that upsided expectations on nearly every metric (revs/GM/EPS, etc.). Beyond providing... More

Citi Reiterates Buy Rating on Apple (AAPL)

Citi analyst Atif Malik reiterated a Buy rating and $255.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL posted a beat on the Sep-Q with iPhone sales +6% Y/Y above our +2% Y/Y expectations. Dec-Q guide of up LSD-MSD Y/Y... More

Intel (INTC) PT Lowered to $22 at Citi

Citi analyst Christopher Danely lowered the price target on Intel (NASDAQ: INTC) to $22.00 (from $25.00) while maintaining a Neutral rating.

The analyst comments "Yesterday after the close, Intel reported weak results driven by restructuring and impairment costs but guided above Consensus due... More

Atlassian Corporation (TEAM) PT Raised to $255 at Citi, Stays on Focus List

Citi analyst Fatima Boolani raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $255.00 (from $245.00) while maintaining a Buy rating.

The analyst comments "Against heightened expectations into results, FY25E kicked-off with a trifecta of treats: a big (sorely-needed) Cloud... More

Amazon.com (AMZN) PT Raised to $252 at Citi

Citi analyst Ronald Josey raised the price target on Amazon.com (NASDAQ: AMZN) to $252.00 (from $245.00) while maintaining a Buy rating.

The analyst comments "We emerge from Amazons 3Q24 results incrementally confident that the company can invest in growth while delivering significant margin expansion.... More

DA Davidson Reiterates Buy Rating on Amazon.com (AMZN)

DA Davidson analyst Gil Luria reiterated a Buy rating and $235.00 price target on Amazon.com (NASDAQ: AMZN)

The analyst comments "We reiterate our BUY rating and $235 price target on Amazon following strong earnings that were characterized by a further reacceleration of AWS growth... More

DA Davidson Reiterates Buy Rating on Amazon.com (AMZN)

DA Davidson analyst Gil Luria reiterated a Buy rating and $235.00 price target on Amazon.com (NASDAQ: AMZN)

The analyst comments "We reiterate our BUY rating and $235 price target on Amazon following strong earnings that were characterized by a further reacceleration of AWS growth... More

DA Davidson Reiterates Buy Rating on Apple (AAPL)

DA Davidson analyst Gil Luria reiterated a Buy rating and $260.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "We reiterate our BUY rating and $260 price target on Apple following a strong 4Q24 performance that was highlighted by reaccelerating iPhone sales along with... More

Barclays Reiterates Equalweight Rating on Intel (INTC)

Barclays analyst Blayne Curtis reiterated an Equalweight rating and $25.00 price target on Intel (NASDAQ: INTC).

The analyst comments "The company beat a low bar in the quarter due to modest upside in DCAI and guided for a stronger December driven by a... More

Barclays Reiterates Overweight Rating on Amazon.com (AMZN)

Barclays analyst Ross Sandler reiterated an Overweight rating and $235.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "The Key Take-Away: AMZN reported revenue and OI that were 1% and 18% above consensus and guided 4Q above. This should be a significant... More