Monthly Archives: July 2020

Piper Sandler ups AAPL price target to $450 from $310 on ‘solid’ June earnings

By news@appleinsider.com (Mike Peterson) Investment bank Piper Sandler has raised its AAPL price target to $450, up significantly from $310, on Apple “holding up extremely well” during the pandemic.Credit: Andrew O’Hara, AppleInsiderLead analyst Harsh Kumar, in a note to investors seen by AppleInsider, says that the most notable item about the June quarter results was the fact that the global …

Source:: Apple Insider

      

JP Morgan raises AAPL target to $460 after Apple smashes its expectations

By news@appleinsider.com (Mike Peterson) JP Morgan bumped its AAPL price target to $460, up from $425, following an earnings report that surprised “even bullish expectations” and far surpassed its own forecast.Credit: Andrew O’Hara, AppleInsiderIn a note to investors seen by AppleInsider, analyst Samik Chatterjee writes that Apple hardly missed a beat “even as several disruptions impacted its ability to operate retail stores successfully during the quarter.”…

Source:: Apple Insider

      

Cowen bumps AAPL to $470, says it’s a ‘defensive stock’ for a post-coronavirus world

By news@appleinsider.com (Mike Peterson) Investment bank Cowen has raised its AAPL price target to $470 on Apple’s better-than-expected June quarter results and its continuing status as a “defensive” stock.Credit: Andrew O’Hara, AppleInsiderDuring the June quarter, sales of iPhones were resilient and strong Mac and iPad demand showed the “durability” of Apple’s portfolio, lead analyst Krish Sankar wrote in a note to investors seen by AppleInsider. The results have set an “encouraging outlook” for Apple into 2021, based mostly on continued Services momentum and the upcoming “…

Source:: Apple Insider