Nomura Defends Apple (AAPL)

Apple (AAPL) Watch Interest Lackluster, UBS Research Shows

UBS analyst Steven Milunovich was out with a report today on Apple (NASDAQ: AAPL) noting that their latest Apple Watch monitor continues to find tepid search interest for the new product.

Milunovich notes online Apple Watch interest is trending lower. "Our latest Apple Watch Monitor continues to find lackluster interest as measured by global search activity," he said. "Interest is lower than for earlier Apple products as well as many consumer electronic launches."

The... More

Apple (AAPL) PT Trimmed to $130 at Jefferies

Jefferies analyst Sundeep Bajikar reiterated a Hold rating and lowered his price target on Apple (NASDAQ: AAPL) to $130 from $135 to account for macro demand uncertainty for iPhone primarily in China, and incremental loss of investor confidence in Apple's ability to grow.

"Our EPS... More

Fund Managers Remain Cautious on Apple (AAPL) Following Recent Slide - FT

Despite Apple (Nasdaq: AAPL) trading at cheaper levels than earlier in 2015, portfolio managers in the U.S. and U.K. aren't rushing to buy in quite yet.

The news comes following a recent broader-market sell-off, which was sparked by a sharp drop in Chinese equities over the last... More

Bernstein's Sacconaghi Lists Five Reasons Apple (AAPL) iPhone Units Might Grow Next Year

Amid the 10% underperfofmance since earnings on July 21, Bernstein analyst Toni Sacconaghi laid out 5 reasons Apple (NASDAQ: AAPL) iPhone units may grow next year. The analyst also reiterated an Outperform rating and price target of $142, noting Apple is now the "least expensive stock on an EV/FCF basis among the 25 largest cap tech companies moreover, the stock's valuation currently implies that its FCF will decline at nearly 5% in... More

Apple (AAPL) Weakness Unjustified, Oppenheimer Says

Oppenheimer analyst Andrew Uerkwitz came out in defense of Apple (NASDAQ: AAPL) with shares down 12.5% since its recent high of $132 following quarterly results. The firm reiterated its Outperform rating and $155 price target.

Uerkwitz believe the weakness can be attributed to fear over decelerating iPhone growth, a slowing Chinese economy, and lack of new growth drivers.

"We believe discounting Apple based on these concerns is unjustified," the analyst said.

The analyst highlighted the... More