Apple's stock is surging after earnings, but analysts aren't that impressed

and wearables, along with a big stock buyback, stopped analysts from getting more negative on the stock, and in a few cases, even caused them to raise their price targets.

On China Cook noted, "We certainly feel a lot better than we did 90 days ago. ... We like the direction we're headed with iPhone and our goal now is to pick up the pace." "While we acknowledge that a 22% decline in China revenue is far from a resurgence, Tim Cook did highlight that iPhone declines in the last few weeks of March were significantly smaller than they were to start the quarter," analyst Timothy O'Shea said.

What is the channel number for Comcast?

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Fed and tech stocks could crack the market rally, warns Wall Street strategistOur call of the day, from Miller Tabak Asset Management’s strategist, Matt Maley, warns that any shift in the Fed’s dovish stance this week could cause this...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Wall Street set for flat open as investors await fresh earningsU.S. stock index futures were trading flat on Monday after hitting a closing hig...
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Busy Week Of Data, Earnings Ahead For Wall Street After Record ClosesAfter record-setting closes last week, the market seems to be anticipating another busy week of earnings, a calendar full of economic reports and a rate decision from the Federal Reserve
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »

Most Wall Street analysts are really positive ahead of Alphabet's earnings report after the bellAnalysts have big expectations for Alphabet's earnings report on Monday after the bell.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »