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What Kind Of Dividend, Buyback Should Investors Expect From Apple Next Week?
Monday, April 20, 2015 - 2:25pm | 334Read More...Apple Inc. (NASDAQ: AAPL) is set to announce its quarterly results next week and investors are expecting the company to announce an increase in dividend and also an increase in share buyback. Citi technology analyst Jim Suva was recently on CNBC to discuss what investors should expect from...
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Apple Will Smash Street Estimates Of 54 Million iPhone Sales
Monday, April 20, 2015 - 1:44pm | 428Read More...With Apple Watch sales beating previous forecasts, the debate has now shifted to whether Apple Inc. (NASDAQ: AAPL) will beat the Street's consensus on iPhone sales and when the watch will make a material impact to Apple's revenue. Citi Technology Analyst Jim Suva was on CNBC recently to...
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Wall Street Has High Hopes For The Apple Watch
Wednesday, April 8, 2015 - 12:02pm | 500Read More...Analysts and investors alike are gearing up for the highly anticipated retail release of Apple Inc. (NASDAQ: AAPL) new Apple Watch. The Apple Watch will become available on April 24, just three days before its second quarter 2015 financial results will be posted. In the last quarter, Apple...
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Citi Upgrades Xerox Due To Cash Build Up, Strategic M&A
Wednesday, April 8, 2015 - 9:03am | 221Read More...Citi issued a industry update highlighting Xerox Corp (NYSE: XRX) based on improving signings and cash build up for accretive M&A. Citi upgraded Xerox from Neutral to Buy and raised its price target from $12.50 to $15. Analysts Jim Suva, Joe Yoo and Michael Cadiz wrote, "While currency and...
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Citi Remains Bullish On Apple, Cites Product Demand And Increasing Margins
Wednesday, April 1, 2015 - 9:48am | 349Read More...Citi on Wednesday issued a report on Apple Inc. (NASDAQ: AAPL) highlighting the continued strong demand for the iPhone 6 product line. Citi rates Apple as a Buy with a $145 price target. Analysts Jim Suva and Asiya Merchant wrote, "Our global due diligence assessing both demand and supply...
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The New Apple Pay Survey Investors Are Reading Today
Tuesday, March 31, 2015 - 8:54am | 222Read More...Citi issued a report on Tuesday highlighting Apple Inc. (NASDAQ: AAPL) and looking ahead at the evolving mobile payments market. Analysts Jim Suva and Donald Fandetti discussed their views on the results of a survey on Apple Pay usage and the benefits versus other operating systems. 1. Mobile...
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Top 5 Analyst Stories Of The Week
Friday, March 13, 2015 - 7:11pm | 360Read More...1. There are speculations of Apple Inc (NASDAQ: AAPL) having chosen Intel Corp (NASDAQ: INTC) as its supplier of LTE chips in 2016. This would mark a substantial loss for Qualcomm Inc (NASDAQ: QCOM). "My suspicion is the reason Qualcomm's buyback didn't have more teeth is because of this rumor,"...
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3 Tech Giants Citi Is Watching
Friday, March 13, 2015 - 2:04pm | 404Read More...Citi is keeping a close eye on three of the world's largest tech enterprises: Intel Corporation (NASDAQ: INTC), Hewlett-Packard Company (NYSE: HPQ) and Oracle Corporation (NYSE: ORCL). Citi analysts Walter H Pritchard and Tyler Radke said that aside from the currency, Oracle's Q3...
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Citi Ups Price Target On Apple
Tuesday, March 10, 2015 - 8:53am | 181Read More...In a note out Tuesday morning, analyst Jim Suva of Citi Research upped his price target on Apple Inc. (NASDAQ: AAPL) to $145 from $135, citing higher Apple Watch ASPs and higher capital return expectations. Suva said, "Citi estimates 3 million units sold in the June quarter and 17 million units in...
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March 9 To Bring More Apple Watch News, Citi Predicts
Friday, February 27, 2015 - 12:18pm | 312Read More...Apple Inc. (NASDAQ: AAPL) on Thursday sent out its "Spring Forward" Media Event invites. Speculation about what gadgets will be presented has already arisen. In a report published Thursday evening, Citi analysts Jim Suva and Asiya Merchant provided a summary of what they expect to see...
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Citigroup Analyst Elaborates On 5 Reasons To Buy Apple
Thursday, February 26, 2015 - 2:36pm | 374Read More...Citigroup hardware analyst Jim Suva recently released a note in which he mentioned five reasons that will take Apple Inc. (NASDAQ: AAPL) higher: device acceleration, attractive valuation, increase in gross margins, enterprise opportunity and Apple Pay and Passbook. Suva was on CNBC...
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Lower PC Demand Is 'Bad For Intel,' Says Citi
Thursday, February 26, 2015 - 11:02am | 188Read More...Citi lowered its estimates on Intel Corporation (NASDAQ: INTC) and cut its price target from $35 to $34. The firm reiterated a Neutral rating on the stock. Analyst Christopher Danely observed a continued decline in PC demand that could result in shipments coming in below Intel guidance and...
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Citigroup's 5 Reasons Why Apple Will Trade Higher
Thursday, February 19, 2015 - 10:14am | 660Read More...Citigroup analyst Jim Suva on Thursday offered five reasons why shares of Apple Inc. (NASDAQ: AAPL) can trade even higher. Reason One: Device Acceleration According to Suva, device acceleration is a "significant" underlying positive driver for Apple, as wireless carriers have...
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Citi's 4 Things To Look For In Hewlett-Packard's Q1 Results
Wednesday, February 18, 2015 - 10:46am | 292Read More...Citi commented on Hewlett-Packard Company (NYSE: HPQ) ahead of its earnings release on February 24. The firm maintained a Buy rating and $46 price target. Analyst Jim Suva felt that the company’s fiscal Q1 would be in line with consensus at $27.4 billion in revenue with EPS of $0.91 to $0...
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Apple 'Is Assessing The Auto Industry,' According To Citigroup
Tuesday, February 17, 2015 - 11:23am | 228Read More...In a report published Tuesday, Citigroup analyst Jim Suva wrote that Apple Inc. (NASDAQ: AAPL) is believed to be assessing the auto industry in "much greater matter" than Apple CarPlay. Various media reports suggested that Apple is considering pursuing an all-electric vehicle. It is unclear if the...
