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Topic: Rob Cihra

Evercore raises Apple price target to $125, sees bigger iPhones leading to bigger sales

09/30/2014, 11:09 am

Bigger iPhone 6 screens are likely to result in a bigger upgrade cycle for Apple, in the eyes of Evercore Partners, which increased its price target to $125 on Tuesday and advised investors to buy in.

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Blockbuster start for iPhone 6 suggests Apple on track to sell 60M phones in December quarter

09/15/2014, 02:09 pm

With 4 million iPhone 6 and iPhone 6 Plus units presold in their first 24 hours of availability, investors on Wall Street are increasingly optimistic about the success of Apple's next-generation handsets, with predictions for the upcoming holiday edging higher to 60 million sales in a single quarter.

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Evercore raises Apple price target to $115, predicts sales of 58M iPhones in December quarter

07/02/2014, 08:07 am

Expecting big things from the anticipated debuts of new iPhones and a so-called "iWatch" this fall, Evercore Partners on Wednesday increased its price target on shares of Apple to $115 -- one of the highest current forecasts on Wall Street.

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Wall Street expects Apple's WWDC announcements will leverage strength of connected platforms against Google

06/03/2014, 10:06 am

With Apple's annual Worldwide Developers Conference highlighting tight integration between the upcoming OS X Yosemite and iOS 8 platforms, market watchers on Wall Street saw the announcements as a direct shot at Google's competing Android platform.

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After a series of 'home runs,' it'd be OK if Apple's next product is a 'single,' Evercore says

04/02/2014, 08:04 am

After the iPod, iPhone and iPad all proved to be "home run" products, the law of large numbers mean it's likely Apple's next new product category may only be a "single" or a "double" -- and that's perfectly fine, in the eyes of one analyst.

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Evercore increases Apple price target to $700, citing momentum from new iPads & iPhones

12/13/2013, 10:12 am

As shares of Apple continue to trade higher, Evercore Partners on Friday upped its price target for AAPL stock to $700, citing what the firm called "rejuvenated momentum" seen from recent iPhone and iPad product refreshes.

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50M iPhone sales, 'booming' iPad mini expected in Apple's holiday quarter

01/03/2013, 08:01 am

Upside to market consensus on Apple is expected from one Wall Street analyst, who sees a big holiday quarter for both the iPhone 5 and iPad mini.

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