“Sources in Apple’s supply chain are particularly bullish about iPhone sales to start 2015, leading investment firm Barclays Capital to say that its forecast of 54 million units for the current quarter is a ‘conservative’ estimate,” Neil Hughes reports for AppleInsider. At this week’s Mobile World Congress event, Barclays’ analyst Ben A. Reitzes spoke with…
“Apple’s free cash flow is ‘mind-blowing’ and can push shares of the tech giant to $150, Barclays analyst Ben Reitzes told CNBC on Tuesday,” Michelle Fox reports for CNBC. “In the last quarter, that free cash flow per share beat the Street by about 40 percent, he said,” Fox reports. “‘Free cash flow is what,…
Read More “Analyst: ‘Mind-blowing’ cash flow could push Apple to $150” »
“Analyst Ben A. Reitzes said in a note to investors, a copy of which was obtained by AppleInsider, that he’s ‘back on board’ with Apple thanks in part to renewed confidence in the company’s management,” Neil Hughes reports for AppleInsider. “Though Barclays has been bearish on Apple stock since February, the investment firm changed its…
Read More “Barclays ‘back on board’ with Apple, ups price target to $110” »
“Barclays has lost faith in Apple and thinks you should too,” Mark Rogowsky reports for Forbes. “It believes the time has come to dump the most valuable company because of some superficial similarities to Microsoft, which traded sideways through most of the current millennium.” “While it’s certainly challenging to predict the future of Apple’s share…
“Apple Inc. (AAPL) was downgraded by Barclays from an Overweight to Equalweight rating on Feb 20 and had maintained its price target at $570,” Athena Yenko reports for International Business Times. “Ben Reitzes, analyst at Barclays, said that Apple’s iWatch and HDTV’s were not going to be catalyst for the stock to overcome its unimpressive…
“Barclays downgraded Apple from Overweight to Equalweight Thursday morning, maintaining a $570 price target,” Paul Quintaro reports for Benzinga. “Ben Reitzes, analyst at Barclays, sees shares staying in a trading range for the the next year, ‘given a maturing smart phone market,’” Quintaro reports. “In addition, iPhone margins be squeezed, ‘as it adds advanced new…
Read More “Barclays downgrades Apple to ‘Equal-weight,’ keeps $570 price target” »
“Barclays‘s Ben Reitzes today writes that Apple’s iPad ‘clearly has the flu,’ citing lower-than-expected fiscal Q3 shipments of 14.6 million, and he opines that a greater focus on numerous uses in retail and point-of-sale might help the product to expand its addressable market. “Reitzes, who maintains an Overweight rating on the shares, and a $525…
“Barclays Ben Reitzes today reiterates an Overweight rating on Apple (AAPL) shares, and a $530 price target, while writing that ‘pressure from shareholders and a significant amount of excess cash on the balance sheet is making Apple consider a much more significant shareholder return strategy,’” Tiernan Ray reports for Barron’s. “Apple should consider issuing $50…
Read More “Barclays: Apple should issue $50 billion in bonds, up dividend yield to 3.5%” »
“Shares of Apple (AAPL) are up $3.03, or 0.7%, at $433.61, following a quartet of notes defending the shares this morning,” Tiernan Ray reports for Barron’s. “Three out of the four observers press the case that Apple will return to a prior tradition of unveiling a new iPhone during the summer months rather than the…
Read More “Trio of analysts expect Apple to debut next-gen iPhone earlier this year” »
“Barclays’s Ben Reitzes is third among three analysts today cutting estimates and targets on Apple (AAPL), reiterating an Overweight rating while raising his price target to $530 from $575 after cutting his estimates for this year and next based on his view that ‘new products are more second half loaded’ and there’s increased pressure on…
