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3 Near-Term Risks For Apple Bulls
Wednesday, January 25, 2017 - 10:29am | 296Read More...Bernstein’s A.M. (Toni) Sacconaghi, Jr. expects Apple Inc. (NASDAQ: AAPL) to report relatively in-line metrics when the company announces its FQ1:17 results after the close on January 31. The analyst maintains an Outperform rating on the company, with a price target of $140. Q1 Expectations...
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IBM Will Meet Or Beat On Q3; Bernstein Concerned With Q4, FY17
Friday, October 7, 2016 - 9:17am | 717Read More...Bernstein analysts expect International Business Machines Corp. (NYSE: IBM) to beat or meet consensus view when the company reports its third-quarter results on October 17. The report is also expected to reaffirm its FY16 EPS and free cash flow (FCF) guidance. But, the brokerage is concerned with...
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Bernstein Downgrades EMC As Dell/Denali Deal Nears Completion
Friday, July 29, 2016 - 10:08am | 492Read More...With the EMC Corporation (NYSE: EMC) and Dell deal expected to close by October, Bernstein’s A.M. (Toni) Sacconaghi, Jr. believes that EMC’s risk/reward is balanced at the current trading levels. Sacconaghi downgraded the rating on EMC from Outperform to Market Perform, with a price...
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How Will Replacement Cycles Affect Apple?
Tuesday, May 31, 2016 - 10:47am | 367Read More...Bernstein’s A.M. (Toni) Sacconaghi, Jr. believes Apple Inc. (NASDAQ: AAPL) is “seeing both cyclical and secular headwinds from a strong iPhone 6 pull-forward coupled with a maturing high-end smartphone market.” Sacconaghi maintains an Outperform rating on the company, with a price...
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Apple Management's Tone 'Much More Cautious' Than Usual On Conference Call
Wednesday, January 27, 2016 - 10:20am | 365Read More...Apple Inc. (NASDAQ: AAPL) shares are down 7 percent since December 28. Bernstein’s A.M. (Toni) Sacconaghi, Jr. maintained an Outperform rating for the company, with a price target of $135. Apple repeatedly mentioned a tough macro backdrop and meaningful FX headwind during its call,...
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Bernstein: Apple iPhone Biz 'Fundamentally Healthy,' Would Be Looking To Add Shares
Monday, January 11, 2016 - 10:14am | 332Read More...Apple Inc. (NASDAQ: AAPL) shares have dipped 21.35 percent over the past six months, down to a low of $96.45 on January 7. Bernstein’s A.M. (Toni) Sacconaghi, Jr has maintained an Outperform rating, with a price target of $135. Although Sacconaghi believes that the iPhone business...
