UPDATE: Wedbush Securities Terminates Coverage on Apple
In a report published Friday, Wedbush Securities terminated its coverage on Apple (NASDAQ: AAPL).
Wedbush Securities noted, “We are dropping coverage of Apple (AAPL) due to analyst departure. On 11/12, AAPL had been removed from the Wedbush Best Ideas List. Effective upon termination of coverage, the last recommendation (OUTPERFORM), estimates and price target issued for the company should not be relied upon going forward.”
Apple closed on Thursday at $525.62.
Latest Ratings for AAPL
|Apr 2015||FBR Capital||Initiates Coverage on||Outperform|
|Apr 2015||Maxim Group||Initiates Coverage on||Hold|
|Apr 2015||Raymond James||Downgrades||Outperform||Market Perform|
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.