“Another day, another Apple price target increase,” Tiernan Ray reports for Barron’s. “The stock is up 2 cents at $128.48 after Goldman Sachs’s Bill Shope writes that he has greater confidence since his last ‘scenario analysis’ of the company, back in December, and raised his price target to $145 from $130, while reiterating a Buy…
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“Apple’s (AAPL) earnings are usually one of the biggest events, if not the biggest event, during earnings season, particularly in the tech sector,” Chris Ciaccia reports for TheStreet. “With Goldman Sachs boosting Apple’s price target ahead of earnings, this quarter’s results just got that much bigger.” “Goldman Sachs analyst Bill Shope raised his price target…
Analysts at Goldman Sachs have raised Apple’s price target to $635 from $620 due to higher FY14-FY16 estimates based on increased confidence in Apple’s platform and iOS device momentum,” flyonthewall.com reports. The firm raised Q4 forecasts to $14.29/$58.54B vs. consensus $14.08/$57.43B and reiterates its Buy rating. Full article here.
“Last Tuesday, the day before Apple released its holiday quarter earnings and two days before the company lost $60 billion in market value, Goldman Sachs sold $30 million worth of so-called structured bonds tied to the performance of Apple’s stock, SEC filings show,” Philip Elmer-DeWitt reports for Fortune. “At the time of the sale, Bill…
“Goldman Sachs computing analysts Bill Shope and Heather Bellini and colleagues this morning offer up a longish (79 pages) summary of what they see as the “platform wars” and the rise of tablet and smartphone computing,” Tiernan Ray reports for Barron’s. “The authors’ point is that tablet computers will drive smarthpone market share as the…
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“Apple Inc.’s shares rallied on Monday, reversing from a three-week downspin, as a handful of brokers reiterated their bullish views of the company’s flagship iPhone business,” Dan Gallagher reports for MarketWatch. “By midday, Apple (AAPL) was trading up more than 4% to $553. The shares had previously shed as much as 12% from late-April to…
“Goldman Sachs analyst Bill Shope on Wednesday upped Apple Inc.’s (AAPL) 12-month price target to $850 a share from $750 a share after the computer maker’s stronger-than-expected first-quarter results,” Steve Gelsi reports for MarketWatch. “Goldman reiterated its conviction-list buy rating on Apple and said its new target price is based on Apple’s ‘improved margin profile…
Read More “Goldman Sachs ups Apple target price from $750 to $850” »
