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Top 3 Most Accurate Analyst Firms Have The Exact Same Price Target On Apple Stock
Wednesday, September 21, 2022 - 8:11am | 586New research ranking analyst performance has found that Benzinga Analyst Ratings can be used to gain an edge on the market. Interestingly enough, the three firms that proved to be the most accurate in 2021 share a common price target on the largest company in the world. What...
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Apple Analysts See Production Issues As Transitory, Recommend Buying On Weakness Following Q2 Results
Friday, April 29, 2022 - 11:37am | 1043Apple Inc (NASDAQ: AAPL) reported better-than-expected second-quarter earnings and revenues. The sore spot was the warning regarding a $4 billion to $8 billion hit from supply disruptions in the third quarter. The Apple Analysts: KeyBanc Capital Markets analyst Brandon Nispel...
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Here's Why Apple Analysts Are Bullish Over 'Peek Performance' Event
Wednesday, March 9, 2022 - 3:33pm | 1110Apple, Inc. (NASDAQ: AAPL) announced a few breakthrough products at its Spring launch event, dubbed "Peek Performance," held on Tuesday. Here are all the sell-side reactions to the announcements: The Apple Analysts: Morgan Stanley analyst Katy Huberty maintained an Overweight rating and...
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Why IBM's Stock Is Trading Higher Today
Tuesday, July 20, 2021 - 8:56am | 205International Business Machines Corp (NYSE: IBM) is trading higher Tuesday morning after the company announced its second-quarter financial results. What Happened: IBM reported quarterly earnings of $2.33 per share, which beat the estimate of $2.29 per share. The company reported quarterly...
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Why This Analyst Says Apple Consensus Estimates Are Too Low
Wednesday, July 14, 2021 - 2:30pm | 379The consensus estimates for Apple Inc (NASDAQ: AAPL) are too low, Citigroup analyst Jim Suva said Wednesday on CNBC's "Squawk On The Street." What Happened: Suva reiterated Apple with a Buy rating and $170 price target. Quarterly Expectations: IPhones, iPads and Macs are...
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Arista Hit Hard On Q4 Sales Warning: Is Facebook To Blame?
Friday, November 1, 2019 - 12:31pm | 858Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday. The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...
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Citi Turns Bullish On Jabil, Says Customer Risk Concentration 'Played Out'
Thursday, August 29, 2019 - 5:18pm | 484The bearish case for electronic and optical manufacturing solutions company Jabil Inc (NYSE: JBL) can no longer be justified, as a notable headwind has "played out," according to Citi. The Analyst Jim Suva upgraded Jabil from Sell to Buy with a price target lifted from $27 to $36. Suva...
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Citi Cuts Apple Price Target, iPhone Estimates On China Concerns
Tuesday, May 28, 2019 - 11:01am | 323The U.S. trade relationship with China has deteriorated further in recent weeks, and one analyst says Apple, Inc. (NASDAQ: AAPL) investors should brace themselves for the trade war to take a bite out of Apple’s iPhone sales. The Analyst Citi analyst Jim Suva reiterated his Buy rating for...
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Apple As A Service: Analysts Break Down Apple TV+, Apple News+ And Apple Arcade
Tuesday, March 26, 2019 - 11:45am | 1097Apple, Inc. (NASDAQ: AAPL) had one of its most important new service unveilings in recent memory on Monday, giving fans their first glimpse at streaming service Apple TV+, subscription gaming service Apple Arcade and news service Apple News+. Unfortunately for investors, Apple didn't...
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What Everybody Is Saying Ahead Of Apple's Streaming Video Event
Friday, March 22, 2019 - 4:20pm | 834Apple, Inc. (NASDAQ: AAPL) is expected to unveil its highly anticipated Apple TV streaming video service on Monday. The special event takes place at Apple headquarters in Cupertino starting at 1 p.m. ET. Monday’s Event Apple investors are hoping the company reveals key details about the...
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Fitbit Reports A Profit: The Street Debates What's Next
Thursday, November 1, 2018 - 12:10pm | 770Fitness tracker and smart watch maker Fitbit Inc (NYSE: FIT) reported a return to profit in its third-quarter print Wednesday. The Analysts Wedbush's Michael Pachter maintains an Outperform rating on Fitbit with an unchanged $6.50 price target. William Blair's Jeffrey Garro maintains...
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What Wall Street Thinks Of Cisco's Q4 Earnings
Thursday, August 16, 2018 - 12:45pm | 411Cisco Systems, Inc. (NASDAQ: CSCO) stock traded higher by 3.9 percent Thursday after the company topped market expectations in the fourth quarter. Several Wall Street analysts weighed in on Cisco stock following the earnings report. Here’s a rundown of what they had to say. Under-The-Radar...
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Citi: F5 Networks Shares Fully Valued After Recent Rally
Tuesday, June 19, 2018 - 12:51pm | 391The year-to-date rally in F5 Networks, Inc. (NASDAQ: FFIV) has made one analyst at Citigroup wary about further upside. The Analyst Analyst Jim Suva downgraded the stock from Buy to Neutral, but raised his price target from $170 to $190, citing an increase in the market multiple from 15 times to 16...
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Citi Expects Apple's Stock To Ripen In 2018
Wednesday, December 13, 2017 - 3:31pm | 3502017 was a good year for Apple Inc. (NASDAQ: AAPL) investors given a near 50 percent return and the stock trading close to its all-time highs. Many among Wall Street are expecting 2018 to be just as rewarding to investors. The Analyst Citi's Jim Suva maintains a Buy rating on Apple's...
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An (Almost) Bear-Free Zone: Wall Street Reacts To Cisco's Earnings
Thursday, November 16, 2017 - 3:59pm | 991Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal first quarter earnings and outlook were strong enough to push the stock to a new multiyear high. Here's what some of Wall Street's top analysts are saying after the print: Barclays: The Positives And Negatives Barclays' Mark Moskowitz...