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Worries Mount For Apple Bulls As Stock Takes A Dive, Analysts Eager For Q4 Results
Wednesday, October 11, 2023 - 3:56am | 597As Apple Inc. (NASDAQ:AAPL) shares continue their downward trend, even the company’s most optimistic supporters are growing anxious ahead of the fourth-quarter earnings report. The tech giant needs to address several key issues to ease these concerns, says Melius Research...
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The 22 Top-Ranked Apple Analysts
Monday, April 27, 2015 - 3:13pm | 305TipRanks provided the top 22 analysts for Apple Inc. (NASDAQ: AAPL) based on a ranking of four or more stars. Based on TipRanks criteria, below are the top analysts along with their latest ratings and price targets for Apple. The list descends according to analyst action with the most recent...
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Barclays On Apple: 'Follow The Free Cash Flow To $150'
Monday, February 9, 2015 - 10:12am | 241Ben Reitzes of Barclays on Monday commented in a note that Apple Inc.'s (NASDAQ: AAPL) "extraordinary" level of free cash flow and its potential impact on share prices may not be fully appreciated by investors. "The December quarter free cash flow figure of $30.5 billion or $...
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Barclays Remains Bullish On Apple Following Q1 Print, Raises Q2 Guidance
Thursday, January 29, 2015 - 10:36am | 168Ben Reitzes of Barclays on Thursday commented in a note that Apple Inc.'s (NASDAQ: AAPL) quarterly results, guidance and cash flow were “very positive” and that the company can continue its momentum moving forward. “We are impressed by the gross margin performance into...
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Barclays: CDW Top Technology Pick, Apple Still A Favorite
Wednesday, January 14, 2015 - 1:12pm | 219Ben Reitzes of Barclays on Wednesday commented that CDW Corp (NASDAQ: CDW) is a top technology pick as the company is well positioned grow revenues and earnings through 2016. Reitzes notes that CDW, unlike other major technology firms like IBM (NYSE: IBM) and Lexmark (NYSE: LXK), has no...
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UPDATE: Barclays Raises Apple Price Target
Monday, December 1, 2014 - 10:20am | 204On Monday, analysts at Barclays raised the price target on shares of Apple Inc. (NASDAQ: AAPL) from $120 to $140 and maintained the Overweight rating. Ben Reitzes finds that Apple’s iPhone upside into the next calendar year is promising: “In fact, our checks over the last 3 months...
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Barclays Enthused About Apple Inc.'s Payment System
Thursday, September 4, 2014 - 4:04pm | 272Apple Inc. (NASDAQ: AAPL) which suffered a mini four percent crash earlier this week on valuation and security concerns, got another plug Thursday for its widely anticipated plan to tap into retail payments. Barclays' Ben Reitzes sees more than just an electronic version of the credit card...
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Hewlett-Packard Up 6%; Analyst Notes Key Recent Cash Flow Gains
Thursday, August 21, 2014 - 2:41pm | 259Hewlett-Packard (NYSE: HPQ) shares gained nearly six percent Thursday afternoon following its fiscal third-quarter revenue beat and in line outlook. The computer maker posted fiscal third-quarter revenue growth of one percent to $27.58 million and slightly ahead of the consensus. Earnings of $0...
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UPDATE: Barclays Upgrades Apple, Has High Expectations For Near Term
Monday, July 14, 2014 - 9:11am | 120In a report released Monday, Barclays analyst Ben Reitzes upgraded Apple (NASDAQ: AAPL) from Equal-Weight to Overweight, while raising the price target from $95 to $110. Analysts at Barclays hold confident on Tim Cook's strategy and believe other shareholders are starting to gain confidence...
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Two Analysts Move Apple With Price Target Changes
Wednesday, May 28, 2014 - 9:46am | 362Apple (NASDAQ: AAPL) shares popped higher Wednesday morning after two analysts boosted price targets. Barclays: Target Raised From $590 to $655, Maintains Equal-weight Analyst Ben Reitzes writes, “While we still have long-term margin concerns, the momentum trade is hard not to acknowledge at...
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UPDATE: Barclays Downgrades Cisco Systems
Tuesday, March 18, 2014 - 8:54am | 118On Tuesday, Barclays downgraded Cisco (NASDAQ: CSCO) from Overweight to Equalweight and lowered the price target from $25 to $23. Shares could remain “range-bound” over the next year due to “uneven demand trends, secular headwinds, and a lack of major catalysts,” said Barclays analyst, Ben Reitzes...
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UPDATE: Barclays Upgrades Hewlett-Packard
Tuesday, March 18, 2014 - 8:38am | 143On Tuesday, Barclays upgraded shares of Hewlett-Packard (NYSE: HPQ) from Equalweight to Overweight and raised the price target from $33 to $38. Analyst Ben Reitzes believes the company could “gain share for several quarters in x86 servers at the expense of IBM/Lenovo, which could also help support...
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UPDATE: Barclays Upgrades Juniper Networks
Friday, January 24, 2014 - 9:26am | 174In a report published Friday, Barclays analyst Ben Reitzes upgraded Juniper Networks (NYSE: JNPR) to Overweight from Equal-weight, raising its price target to $34.00. According to the report, the upgrade is based on an EV to 2015 sales multiple of 2.7x, in line with its large cap tech peers. Even...
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Overweight Ratings on Apple (AAPL), New Product Launches In The Pipeline
Tuesday, December 29, 2009 - 4:16pm | 102Barclays Capital (Analyst: Ben Reitzes) reiterated its bullishness on Apple Inc. (NASDAQ: AAPL) with a price target of $235 per share. Barclays Capital expects a major product announcement within a month, and estimated incremental sales of a million units a year of the tablet device, leading to an...