Piper Sandler joins post-earnings chorus, hikes AAPL to $343
Focusing less on Tuesday's blockbuster earnings, and more on the potential for the 5G "iPhone 12," Piper Sandler has also increased its Apple stock price target.
Services
Mike Wuerthele
Cowen drives AAPL target to $370 on iPhone's return to growth
Recapping Apple's $91.8 billion quarter, Cowen is seeing continued strength and earnings power from the company going forward, and has increased its target price for Apple stock yet again.
Apple sees 'great promise' with recently launched services like Apple Arcade
Apple CEO Tim Cook reported multiple all-time records for the company's services, from the App Store to Apple Pay. He said Apple is "thrilled" about Apple Card's success, and that Apple has plans for all its services.
William Gallagher
Notes of interest from Apple's Q1 2020 holiday earnings report and conference call
Following the publication of its first fiscal quarter of 2020 results, encompassing the holiday quarter, Apple provided additional detail surrounding the particulars of the report during an hour-long conference call.
Bank of America nudges AAPL target higher ahead of earnings
Less than a week before Apple's quarterly earnings report, Bank of America has slightly boosted its target price for Apple to $340.
Morgan Stanley ups AAPL price target to $368 on potential of 5G iPhone supercycle
Morgan Stanley has raised its price target on shares of Apple, voicing its view that investors are under-appreciating the impact this year's 5G-enabled iPhone release is expected to have on the company's bottom line, especially given the roll-out is expected to coincide with a multi-year peak in the number of iPhones due for replacement.
Malcolm Owen
Apple services had a 'landmark year,' including Apple TV+ and Apple Card
In a roundup of 2019 Services activity, Apple has released few actual figures but emphasizes the integration of all of its offerings into its hardware.
Cowen names AAPL one of its 'favorite ideas' in 2020, ups target to $325
Cowen equity research is raising its convictions on shares of Apple, boosting its price target behind near-term momentum in several operating segments and a belief that market share losses in China could potentially be offset by gains in India.
AppleInsider Staff
Institutional ownership of AAPL on the rise leading into iPhone 12 cycle
Optimism surrounding Apple's upcoming 5G iPhone cycle and revenue growth within the company's Services sector helped drive one of the largest sequential increases in institutional ownership of AAPL shares in more than half a decade.
Daniel Eran Dilger
William Gallagher and Mike Wuerthele
