Market Overview

Canaccord Genuity Reiterates Buy Rating, $750 PT on Apple

Related AAPL
Apple May Release iPhone 6S Mini If Sales Estimates Top 10 Million
Weekly Highlights: iPhone 6S Hype, 12-Inch MacBook Air And More
2014 Tech Anthem: Disrupt and You Shall Succeed (Fox Business)

In a report published Monday, Canaccord Genuity reiterated its Buy rating and $750.00 price target on Apple (NASDAQ: AAPL).

Canaccord Genuity noted, “We believe Apple's industry-leading software ecosystem and its leading hardware expertise will lead to a strong product cycle for its key products. We believe Apple is well positioned for strong F2013/14 sales and earnings growth driven by new product introductions, including the recently launched iPhone 5, iPad mini, and recently refreshed iPod, MacBook, and iMac lineup. We also anticipate an earlier refresh of the iPhone in C2013 with expanding channel distribution. We reiterate our BUY rating and $750 price target.”

Apple closed on Friday at $527.00.

Latest Ratings for AAPL

DateFirmActionFromTo
Dec 2014CitigroupMaintainsBuy
Dec 2014JMP SecuritiesMaintainsMarket Outperform
Dec 2014Canaccord GenuityMaintainsBuy

View More Analyst Ratings for AAPL
View the Latest Analyst Ratings

Posted-In: Canaccord GenuityAnalyst Color Reiteration Analyst Ratings

 

Related Articles (AAPL)

Around the Web, We're Loving...

Get Benzinga's Newsletters