Market Overview

Wells Fargo Reiterates Outperform on Apple on Positive Outlook

Share:
Related AAPL
Rich Ross Shares 3 Stocks To Buy
Bill Ackman Sticks With Chipotle Despite 33% Decline In Shares
Apple: Macs Don't Get Enough Love (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
Nov 2017Wells FargoReinstatesMarket PerformMarket Perform
Nov 2017ArgusMaintainsBuy
Nov 2017BernsteinMaintainsOutperform

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!

Partner Center