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UBS On Apple: The Positives Still Outweigh The Negatives, Raise Price Target To $210
Friday, June 1, 2018 - 11:15am | 431Despite "tepid" iPhone demand and other concerning read-outs, there are still plenty of reasons to like Apple Inc. (NASDAQ: AAPL)'s stock, according to UBS. The Analyst UBS' Steven Milunovich maintains a Buy rating on Apple's stock with a price target lifted from $...
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What Happened To Apple's iPhone 'Supercycle?'
Monday, November 27, 2017 - 1:40pm | 376Apple Inc. (NASDAQ: AAPL) has long thrived on supercycles — periods of heightened unit sales as consumers upgrade to next-generation products. But some research suggests a dampening of the iPhone cycle as Apple customers retain older models, ultimately forcing review of Apple’s earnings...
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For Apple, Does X Mark The Spot?
Tuesday, November 14, 2017 - 4:35pm | 489With the iPhone X finally making its way into consumers' hands, is Apple Inc (NASDAQ: AAPL)'s super-cycle upgrade what it was cracked up to be? The Analyst UBS' Steven Milunovich maintains a Buy rating on Apple with a $190 price target. The Thesis "This is the first time...
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Another Day, Another Survey On Apple Demand; Positive For iPhone X, Cautious For iPhone 8
Monday, October 23, 2017 - 12:08pm | 470Apple Inc. (NASDAQ: AAPL) stock lost around 2 percent last Thursday amid reports of poor iPhone 8 sales — a finding that analysts at UBS may not agree with after conducting their own proprietary survey. UBS's Steven Milunovich maintains a Buy rating on Apple's stock with an...
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The Easy Money Has Already Been Made In HP Enterprise
Friday, October 20, 2017 - 11:04am | 561UBS said in a note Friday easy money has already been made by Hewlett Packard Enterprise Co (NYSE: HPE). Given its view that a pivot to higher-margin revenue will take time, the firm downgraded shares of the company. As such, the rating on shares of Hewlett Packard Enterprises went from Buy to...
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What Wall Street Thinks Of IBM's Big Q3 Earnings Beat
Wednesday, October 18, 2017 - 1:28pm | 470International Business Machines Corp. (NYSE: IBM) stock jumped more than 9 percent on Wednesday after the company reported a big third-quarter earnings beat. Several Wall Street analysts weighed in on IBM following the report. Here’s a rundown of what they had to say. Voices From The Street...
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A Few Reasons Why IBM Bears Are Still Growling Even After Q3 Beat
Wednesday, October 18, 2017 - 9:28am | 374Despite the third-quarter earnings beat by International Business Machines Corp. (NYSE: IBM), bears are still complaining. What exactly are they fretting over? UBS maintained its Neutral rating but raised its price target from $152 to $160, shifting to 11 times its 2018 earnings per share estimate...
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Google Search Trends Give Little Clue As To Whether New iPhones Are Gaining Traction
Monday, October 9, 2017 - 11:22am | 374Google Search trends is usually a good indicator to gauge demand for a product, but surprisingly this isn't the case for Apple Inc. (NASDAQ: AAPL)'s iPhone launch, analysts at UBS argued in a report. Taking a look at Google Search trends could be a waste of time because search volume has...
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NetApp Post-Earnings Worries Overblown, UBS Names The Stock A Buy
Tuesday, September 19, 2017 - 11:42am | 382Last month, NetApp Inc. (NASDAQ: NTAP) prompted a modest selloff with disappointing guidance. This month, with its share price on the rise, it’s regained the confidence of at least one firm and claimed the label “modern growth story.” UBS analysts Steven Milunovich and John Roy...
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Analysts Take The Measure Of Apple's iPhone X
Thursday, September 14, 2017 - 9:05am | 904Apple Inc. (NASDAQ: AAPL), which has emerged as a Wall Street darling, sent sell-side into a tipsy with its long-awaited launch of its next iteration of iPhone, code named the iPhone X. Up until now, rumors were flying thick and fast concerning its features, functionalities, pricing, etc....
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Why Samsung Phone Prices Make The '$1,000 iPhone' Unlikely For Apple
Monday, August 28, 2017 - 2:49pm | 459Investors concerned with a potential $1,200 price on the upcoming release of Apple Inc. (NASDAQ: AAPL)'s iPhone 8 may now be able to breathe a sigh of relief, at least according to UBS's Steven Milunovich. Samsung Electronic (OTC: SSNLF) released its Note 8 smartphone, which costs $950 for...
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The Sell-Side Sentiment On Apple's Third Quarter
Wednesday, August 2, 2017 - 2:49pm | 552Apple Inc. (NASDAQ: AAPL) shares jumped more than 5 percent Wednesday, briefly pushing the Dow Jones Industrial Average above 22,000 for the first time. A number of Wall Street analysts weighed in on Apple following its huge second-quarter earnings report. Here’s a rundown of what they had to...
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Will Apple's Stock Suffer From A 'Sell The News' Reaction?
Tuesday, August 1, 2017 - 1:40pm | 413Investors have valid reasons to be nervous heading into Apple Inc. (NASDAQ: AAPL)'s earnings report after Tuesday's market close. For starters, there's the possibility a key update to the upcoming iPhone 8 release will result in a "sell the news" reaction, Robert Cihra of...
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IPhone Customer's Buying Intent Jumps As New Model Release Looms
Monday, July 31, 2017 - 11:38am | 396UBS analyst Steven Milunovich previously detailed his “Pig in a Python” theory regarding Apple Inc. (NASDAQ: AAPL)’s upcoming iPhone cycle — explaining that demand has been swelling for the iPhone 8 since 2015. Just recently, an independent survey seems to be backing up that...
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Earnings Watch: Apple, Tesla, Pfizer, Activision-Blizzard On Tap For Next Week
Friday, July 28, 2017 - 3:45pm | 599UBS keyed into expectations for some of next week’s highest profile earnings reports, providing updated insights for their high-conviction trading ideas. Among the names were Apple Inc. (NASDAQ: AAPL), Pfizer Inc. (NYSE: PFE), Tesla Inc (NASDAQ: TSLA) and Activision Blizzard, Inc. (NASDAQ:...