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3 Apple Analysts Lift Price Targets: Why They're Optimistic On iPhone's Trajectory
Wednesday, May 27, 2020 - 10:29am | 621Apple Inc. (NASDAQ: AAPL) analysts are projecting that Cupertino will weather the coronavirus pandemic and emerge in good shape. The Apple Analysts BofA Securities analyst Wamsi Mohan reiterated a Buy rating on Apple shares and lifted the price target from $320 to $340. Deutsche Bank...
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Apple Shows Signs Of Recovery From Coronavirus, Doesn't Shake Bulls With Lack Of Guidance
Friday, May 1, 2020 - 11:21am | 1277Apple Inc.'s (NASDAQ: AAPL) fiscal second-quarter results bolstered hopes for a coronavirus recovery. Despite supply chain disruption, store shutdowns and declines in demand, the company’s $58.3 billion revenue and $2.55 bottom line beat first-quarter forecasts of $54.8 billion and $2.24...
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Apple Analyst Warns Not To Expect 2019-Like Returns In 2020
Thursday, January 9, 2020 - 2:55pm | 331Apple Inc. (NASDAQ: AAPL) had a "great run" in 2019, but it was mostly valuation-driven, Deutsche Bank analyst Jeriel Ong said Thursday on Fox Business. Apple's Multiple Expansion Apple stock simply realized a multiple appreciation from 14 times to 22 times, but at the same time...
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Why Plexus' Analyst Day Was 'Largely Bullish'
Thursday, June 9, 2016 - 3:38pm | 321RBC Capital Markets analysts Mitch Steves, Jae Cho, Amit Daryanani and Jeriel Ong have termed analysts day as largely a bullish one as far as Plexus Corp. (NASDAQ: PLXS) is concerned. The company took this stance mainly because of three reasons: 1. The focus on 12 percent long-term revenue growth...