Piper Sandler raises Apple stock target to $200, says $4T market cap is in reach
Piper Sandler has raised its Apple price target by $25 to $200, on the strength of its portfolio of hardware and services heading into 2022.
Piper Sandler has raised its Apple price target by $25 to $200, on the strength of its portfolio of hardware and services heading into 2022.
Ahead of Apple's September 14 event, Piper Sandler has raised its Apple price target to $175 on strong demand for the current iPhone 12 lineup offsetting relatively low interest in the "iPhone 13."
Following Apple's strong March quarter results, investment bank Piper Sandler believes Apple is well-positioned to continue seeing strong growth and wider margins throughout 2021.
The "Apple Car" may not disrupt the market when it first debuts, but Piper Sandler says it could become a solid hardware revenue source for Apple, possibly generating $50 billion by 2030.
Recent upheaval at a Wistron manufacturing plant in India could delay Apple's production plans in the country, though the situation is unlikely to affect an iPhone 12 ramp, analysts from Piper Sandler claim.
Piper Sandler is raising its iPhone 12 estimates for the December quarter because of heavy carrier promotions that it believes will drive demand for the new handsets.
A new Piper Sandler survey indicates that only 10% of respondents plan to buy a new "iPhone 12" model in fall or winter 2020, suggesting that consumers are "hunkering down" heading into the launch.
Piper Sandler's latest teen survey indicates that Apple's market share among younger Americans is continuing to grow ahead of the 2020 iPhone season.
Investment bank Piper Sandler raised its AAPL price target to $130 on the strength of a new slate of Apple products and services that address different aspects of the "new normal" during the COVID-19 pandemic.
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.
Fresh results from Piper Sandler's latest teen survey are in and they indicate Apple's mindshare among smartphone-wielding teenagers has never been higher, prompting the firm to boost its price target on shares of the iPhone maker.
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