Loading...
Loading...
A report from Jefferies reiterates its Buy rating and $500 price target on Apple
AAPL.
The report states, “Based on channel checks and our recent visit to Japan we believe that Sharp is taking share in iPad 3, iPhone 5 LTE, and iTV displays. Also, we believe the Samsung relationship continues to deteriorate. We still see CQ4 iPad shipments above consensus but cut our estimate from 17M to 14M (St 13M). We see a strong CY12 product cycle (iPhone 5, iPad 3, iTV)”
AAPL closed yesterday at $369.01.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in