Pacific Crest Downgrades Apple (AAPL) to Sector Perform
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Apple (AAPL) Watch 'Buries the Competition', Could Be Bigger than iPad - Needham & Company
September 10, 2014 12:42 PM EDTNeedham & Company analyst Charlie Wolf weighed in on Apple (NASDAQ: AAPL) following the introduction of the Apple Watch. Wolf said the Apple Watch "buries the competition" and sees the device potentially becoming bigger than the iPad.
Wolf highlighted the watch's digital crown, "the new... More
Apple (AAPL) Watch $15-$60 Billion Revenue Opportunity - Deutsche Bank
September 10, 2014 9:03 AM EDTDeutsche Bank maintained a Buy rating on Apple (NASDAQ: AAPL) with a price target of $105. Analyst Sherri Scribner thinks Apple's iPhone and Apply Pay were in line with expectations. Regarding the Apple Watch, she said it could be a $15-$60 billion revenue opportunity.
"As has been widely anticipated, today AAPL unveiled two larger iPhones, mobile payments, and a wearable... More
Apple (AAPL) iPhone News 'In-Line', Apple Pay 'Better', Apple Watch a Wildcard - Bernstein
September 10, 2014 8:35 AM EDTBernstein analyst Toni Sacconaghi reiterated an Outperform rating and $108 price target on Apple (NASDAQ: AAPL) after the company introduced the iPhone 6 and 6+, an Apple Watch, and Apple Pay.
On the iPhone, Sacconaghi said it was "were very much in line with expectations most notably, however, China is absent from Apple's initial country rollout, potentially hinting at some supply constraints relative to last year's launch." He added, "Apple only raised price (by $100) on its 5.5" model, while retaining price on the 4.7" device, raising the question of whether the company can sustain gross... More
Apple (AAPL) PT Raised to $115 at FBN Securities
September 10, 2014 8:11 AM EDTFBN Securities analyst Shebly Seyrafi reiterated an Outperform rating and raised Apple (NASDAQ: AAPL) price target of $115.00 (from $110.00) following the iPhone 6 (and 6 Plus), Apple Watch, and Payments. While raising estimates the analyst is somewhat disappointed about the timing of the... More
Apple (AAPL) Launch Called 'Impresive'; Price Target Raised to $115 at Goldman Sachs
September 10, 2014 7:30 AM EDTGoldman Sachs reiterated a Buy rating on Apple (NASDAQ: AAPL) and raised its price target to $115.00 (from $107.00). Analyst Bill Shope said its new product launch yesterday was impressive and met high expectations.
"Apple announced several new products and services at its event in Cupertino, CA, including the iPhone 6 and iPhone 6 Plus, Apple Pay, and Apple Watch. We... More
