Apple (AAPL) PT Raised to $123 at Nomura; Analyst Asks 'Is it too good to last'

Apple (AAPL) Hits Session Highs on Volume

Apple (NASDAQ: AAPL) hit session highs Thursday morning on strong volume. Shares traded up 1.6%.

Apple (AAPL) Price Target Raised to $140 at FBN Securities

FBN Securities maintained an Outperform rating on Apple (NASDAQ: AAPL) and raised its price target to $140 (from $130). Analyst Shebly Seyrafi was impressed by iPhone unit shipments in Q1, which beat consensus by 13%.

"We are also impressed by the companys strong revenue from Greater China, where revenue of $16B grew by 70% Y/Y (vs. a tough compare), leading to Greater China growing to 22% of revenue from 17% the year before," said... More

Macquarie Has One Word to Describe Apple's (AAPL) Q1 Results - 'Wow!'

Macquarie analyst Ben Schachter had one word to describe Apple's (NASDAQ: AAPL) first quarter results - "Wow!" The analyst reiterated his Outperform rating and raised his price target to $130.00 (from $122.00)

Schachter commented, "Wow. Despite wildly bullish iPhone sentiment all quarter long, AAPL still managed to positively surprise. iPhone posted remarkable numbers (how many $100bn growth businesses do you know that accelerated?), Macs were okay, iPads were weak, and our focus area of Apps grew a solid 41% y/y (though this was expected given the Jan. 8 press release on App Store sales). Guidance was... More

Apple (AAPL) PT Raised to 'Street-High' $160 at Cantor Fitzgerald

Cantor Fitzgerald analyst Brian White reiterated a Buy rating and boosted his price target on Apple (NASDAQ: AAPL) to $160.00 (from $143.00) following Q1 results after the close.

The firm also raised estimates on Apple.

For an analyst ratings summary and... More

Apple (AAPL) Price Target Raised to $110 at Deutsche Bank; Analyst Maintains Hold Rating

Deutsche Bank maintained a Hold rating on Apple (NASDAQ: AAPL) and raised its price target to $110.00 (from $102.00). Analyst Sherri Scribner made note of strong Q1 results, but overall she continues to think growth is factored in.

"AAPL delivered solid F1Q-15... More

Apple (AAPL) PT Raised to $124 at Jefferies

Jefferies analyst Sundeep Bajikar raised estimates and his price target on Apple (NASDAQ: AAPL) to $124.00 (from $120.00) but maintained a Hold rating.

Bajikar commented, "FQ1 EPS were 9% higher than our estimate, which was 9% above the Street's. We remain Hold-rated on... More

Credit Suises Sees at Least $10 EPS Power from Apple (AAPL) in 2016; Sees $200B Cash Return

Credit Suisse analyst K. Garcha reiterated an Outperform rating and $130 price target on Apple (NASDAQ: AAPL) following strong Q1 results. The firm is also maintaining their above consensus EPS CY15/16 estimates of $9.25/$10.04.

Garcha said given solid and sustainable iPhone volume base and... More

Apple (AAPL) Estimates Raised at BofA/Merrill Lynch Post Q1; $130 PT Maintained

BofA/Merrill Lynch analyst Wamsi Mohan raised estimates while reiterating a Buy rating and $130 price target on Apple (NASDAQ: AAPL).

Mohan noted iPhone ASPs and margin guidance was solid despite FX headwinds.

The firm's F15 revenue and EPS move to $226bn/$8.63 from... More

Apple (AAPL) Price Target Raised to $145 at Susquehanna Post Q1

Susquehanna analyst Chris Caso reiterated a Positive rating and lifted his price target on Apple (NASDAQ: AAPL) to $145.00 (from $135.00) following blow-out Q1 results after the close.

Caso commented, "On the back of an exceptionally strong iPhone launch, AAPL posted revenue well ahead of Street expectations, though directly in line with our estimates, which is particularly remarkable considering very significant FX... More

Apple (AAPL) Price Target Raised to $130 at Goldman Sachs Following Strong Q1 Results

Goldman Sachs maintained a Buy rating on Apple (NASDAQ: AAPL) and raised its price target to $130.00 (from $124.00). The change follows blowout Q1 results.

Analyst Bill Shope said, "Upside was largely driven by iPhone shipments of 74.5 million units, which exceeded even the most aggressive investor... More

Apple (AAPL) Target Lifted to $130 at BMO Capital Following Q1 Results

BMO Capital analyst Keith Bachman raised estimates and his price target on Outperform-rated Apple (NASDAQ: AAPL) to $130.00 (from $123.00) following strong results after the close.

Bachman noted the FX impact was material as he had expected. The y/y impact to revenue growth is approximately 4% in the December quarter and 5% in the March quarter. That said Ggven mix (particularly the iPhone 6 Plus), they... More

Apple (AAPL) Produces Solid Q1, Outlook; iPhone 6/6+ Tailwind Key to N-T EPS Gains - Cowen

Cowen and Company boosts its price target on Apple (Nasdaq: AAPL) from $113 up to $115 following Q1 results and outlook. The firm rates Apple at Outperform.

Analyst Tim Arcuri said that a big beat on already elevated expectations + guide that would have been ~$0.10 above our numbers (~$0.20 above St)... More

Apple (AAPL) Tops Q1 EPS by 46c, Sales Beat

(Updated - January 27, 2015 4:34 PM EST)

Apple (NASDAQ: AAPL) reported Q1 EPS of $3.06, $0.46 better than the analyst estimate of $2.60. Revenue for the quarter came in at $74.6 billion versus the consensus estimate of $67.69 billion.

The company's iPhone unit sales of 74.5 million also set a new record. The... More