Market Overview

Wells Fargo Reiterates Outperform on Apple on Positive Outlook

Share:
Related AAPL
Big Data, Big Profits? Find The Bottom Line Through Unique Datasets
Banking In 2020: How Will Fintech Revolutionize Banks And Investing?
Best Performing Nasdaq 100 Stocks (Seeking Alpha)

In a report published Tuesday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on Apple (NASDAQ: AAPL).

In the report, Wells Fargo Securities noted, “We expect easier year over year compares, potential positive supply chain data into the next product cycle, and improving gross margin likelihood to help reaccelerate earnings and see the company as well-positioned to continue to take value share in its core smartphone, tablet, and PC markets.”

Apple closed on Monday at $487.75.

Latest Ratings for AAPL

DateFirmActionFromTo
May 2016UBSMaintainsBuy
Apr 2016Brean CapitalMaintainsBuy
Apr 2016BarclaysMaintainsOverweight

View More Analyst Ratings for AAPL
View the Latest Analyst Ratings

Posted-In: Maynard Um Wells Fargo SecuritiesAnalyst Color Reiteration Analyst Ratings

 

Related Articles (AAPL)

View Comments and Join the Discussion!