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Analyst Cuts iPhone Estimates Ahead Of Apple's Q1 Report
Monday, January 23, 2017 - 12:49pm | 327Stifel’s Aaron C. Rakers stated that the “analysis of the various highly correlated monthly iPhone data points” tracked through the quarter indicate an implied iPhone sell-thru in the low-70 million range for 2017's fiscal first quarter. Rakers maintains a Hold rating on Apple Inc...
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Stifel Downgrades Apple Following Weak iPhone Guidance, Lacking Near-Term Upside Catalysts
Wednesday, October 26, 2016 - 10:00am | 262Shares of Apple Inc. (NASDAQ: AAPL) could remain range bound between $105 and $120 over the next couple of quarters, until there are some visible upside catalysts, Stifel’s Aaron C. Rakers said in a report. He downgraded the rating on the company from Buy to Hold, while reducing the price...
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Apple Has Late 2016-2017 Upside, Stifel Says
Thursday, April 21, 2016 - 10:13am | 314With Apple Inc. (NASDAQ: AAPL) scheduled to report its F2Q16 earnings on April 26, Stifel’s Aaron C. Rakers believes the focus would remain on “iPhone 7 driven upside potential into late-2016/2017.” The analyst maintained a Buy rating on the company, with a price target of $...
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Stifel Cuts Apple iPhone Estimates, Maintains Buy On 5x EV/EBITDA Multiple
Wednesday, January 27, 2016 - 11:28am | 305Shares of Apple Inc. (NASDAQ: AAPL) were volatile in 2015, and are down 9 percent so far this year. Stifel’s Aaron C. Rakers maintained a Buy rating for the company, while reducing the price target from $140 to $120. Difficult global economic conditions, continued forex headwinds...
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Analysts See China Swing Factoring In Apple's Q2
Friday, April 24, 2015 - 4:53pm | 452Apple Inc. (NASDAQ: AAPL) will post one more quarter of stellar smartphone growth Monday, but it could be downhill from there, an analyst said Friday. Cupertino, California-based Apple Campus 2, is expected to post fiscal second-quarter earnings of $2.15 a share, along with revenue growth of 22.5...