Apple (NASDAQ:AAPL – Get Free Report) issued its quarterly earnings data on Thursday. The iPhone maker reported $1.53 EPS for the quarter, topping the consensus estimate of $1.51 by $0.02, Briefing.com reports. Apple had a return on equity of 156.04% and a net margin of 26.16%. The business had revenue of $90.75 billion for the […]
Apple (NASDAQ:AAPL – Free Report) had its price objective increased by Morgan Stanley from $210.00 to $216.00 in a research note published on Friday morning, Benzinga reports. Morgan Stanley currently has an overweight rating on the iPhone maker’s stock. A number of other analysts have also recently weighed in on the company. Redburn Partners cut […]
Apple (NASDAQ:AAPL – Free Report) had its price target raised by Canaccord Genuity Group from $200.00 to $215.00 in a research report released on Friday morning, Benzinga reports. They currently have a buy rating on the iPhone maker’s stock. A number of other equities analysts also recently issued reports on the company. Oppenheimer restated an […]
Apple (NASDAQ:AAPL – Get Free Report) announced that its Board of Directors has initiated a share repurchase plan on Thursday, May 2nd, RTT News reports. The company plans to repurchase $110.00 billion in outstanding shares. This repurchase authorization authorizes the iPhone maker to reacquire up to 3.9% of its stock through open market purchases. Stock […]
Apple (NASDAQ:AAPL – Get Free Report) had its target price hoisted by Canaccord Genuity Group from $200.00 to $215.00 in a research note issued to investors on Saturday, Stock Target Advisor reports. The brokerage presently has a “buy” rating on the iPhone maker’s stock. Canaccord Genuity Group’s price objective suggests a potential upside of 17.24% […]