Market Overview

Canaccord Genuity Reiterates Buy Rating, $750 PT on Apple

Share:
Related AAPL
Piper's Gene Munster Highlights iPhone 7 Inventory As 'Constrained'
End Of Yelp's Dual-Class Share Structure Could Provide Catalyst For Takeout
Busting The Investing Myth That Penny Stocks Can Lead To Marvelous Riches (Investor's Business Daily)

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
Sep 2016RBC CapitalMaintainsOutperform
Sep 2016NomuraMaintainsBuy
Sep 2016CLSAMaintainsBuy

View More Analyst Ratings for AAPL
View the Latest Analyst Ratings

Posted-In: Canaccord GenuityAnalyst Color Reiteration Analyst Ratings

 

Related Articles (AAPL)

View Comments and Join the Discussion!