Several brokerages have updated their recommendations and price targets on shares of Apple (NASDAQ: AAPL) in the last few weeks:

  • 11/14/2017 – Apple had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $195.00 price target on the stock.
  • 11/14/2017 – Apple was given a new $190.00 price target on by analysts at UBS AG. They now have a “buy” rating on the stock.
  • 11/6/2017 – Apple had its price target raised by analysts at Argus from $185.00 to $210.00. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple had its price target raised by analysts at Loop Capital from $180.00 to $200.00. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple was given a new $185.00 price target on by analysts at Nomura. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple was upgraded by analysts at Rosenblatt Securities from a “neutral” rating to a “buy” rating. They now have a $180.00 price target on the stock, up previously from $150.00.
  • 11/3/2017 – Apple had its price target raised by analysts at Needham & Company LLC from $175.00 to $200.00. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $192.00 price target on the stock.
  • 11/3/2017 – Apple was given a new $190.00 price target on by analysts at Atlantic Securities. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple was given a new $195.00 price target on by analysts at Sanford C. Bernstein. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple was given a new $188.00 price target on by analysts at Macquarie. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $152.00 price target on the stock.
  • 11/3/2017 – Apple was given a new $190.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple had its price target raised by analysts at Royal Bank Of Canada from $180.00 to $190.00. They now have an “outperform” rating on the stock.
  • 11/3/2017 – Apple was given a new $200.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 11/3/2017 – Apple had its price target raised by analysts at BMO Capital Markets from $180.00 to $195.00. They now have an “outperform” rating on the stock.
  • 11/3/2017 – Apple had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $195.00 price target on the stock, up previously from $180.00.
  • 11/3/2017 – Apple had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $190.00 price target on the stock, up previously from $180.00.
  • 11/3/2017 – Apple had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $200.00 price target on the stock, up previously from $170.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/2/2017 – Apple had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $193.00 price target on the stock. They wrote, “No mystery with Sept Q results to be reported; expect in-line Q. Given supply chain data points that suggest only 30M iPhone X will be shipped within the Dec Q, shifting 25M iPhone units from Dec Q to C1H18. Supply chain data points and 6 week lead times indicate 16M iPhone X were ordered over the first weekend, which we believe is consistent with iPhone 6/6+ first weekend. GM upside from iPhone X may not be apparent from Dec Q guidance due to purported initial assembly yield issues.””
  • 11/1/2017 – Apple was given a new $193.00 price target on by analysts at . They now have a “buy” rating on the stock.
  • 10/31/2017 – Apple was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $187.00 price target on the stock. According to Zacks, “Apple's results will continue to be driven by iPhones and Services segment, helping the stock sustain momentum against S&P 500 going forward. This, along with the company's $1-billion investment for acquiring original content and its plan to break into film distribution market will further boost services’ revenues. Apple recently collaborated with Steven Spielberg's Amblin TV and NBCUniversal to revive Amazing Stories. Additionally, foray into fast-growing technologies like AI & AR/VR are long-term growth catalysts.Estimates remain stable ahead of the upcoming fourth quarter fiscal 2017 earnings release. However, the new iPhone X at $999 is quite pricey, particularly for markets like China and India. Moreover, intensifying competition from cheaper Chinese handset-makers cannot be ignored.”
  • 10/31/2017 – Apple had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $200.00 price target on the stock, up previously from $196.00.
  • 10/30/2017 – Apple was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $171.48 price target on the stock.
  • 10/30/2017 – Apple had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $208.00 price target on the stock.
  • 10/30/2017 – Apple was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Apple 's results will continue to be driven by iPhones, and Services segment and will help the stock sustain momentum against S&P 500 going forward. This, along with the company's $1-billion investment for acquiring original content and its plan to break into film distribution market will further boost services’ revenues. Apple recently collaborated with Steven Spielberg's Amblin TV and NBCUniversal to revive Amazing Stories. Additionally, foray into fast-growing technologies like AI & AR/VR are long-term growth catalysts.Estimates remain stable ahead of the upcoming fourth quarter fiscal 2017 earnings release. However, the new iPhone X at $999 is quite pricey, particularly for markets like China and India. Moreover, intensifying competition from cheaper Chinese handset-makers cannot be ignored.”
  • 10/27/2017 – Apple had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $193.00 price target on the stock.
  • 10/25/2017 – Apple is now covered by analysts at . They set a “buy” rating and a $193.00 price target on the stock.
  • 10/24/2017 – Apple had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $208.00 price target on the stock.
  • 10/23/2017 – Apple was upgraded by analysts at Sanford C. Bernstein to an “outperform” rating. They now have a $175.00 price target on the stock.
  • 10/23/2017 – Apple had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $180.00 price target on the stock.
  • 10/23/2017 – Apple had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $180.00 price target on the stock.
  • 10/18/2017 – Apple was given a new $160.00 price target on by analysts at Mizuho. They now have a “hold” rating on the stock.
  • 10/16/2017 – Apple was upgraded by analysts at KeyCorp from a “sector weight” rating to an “overweight” rating. They now have a $187.00 price target on the stock, up previously from $173.75.
  • 10/16/2017 – Apple was upgraded by analysts at Pacific Crest from a “sector weight” rating to an “overweight” rating. They now have a $187.00 price target on the stock.
  • 10/15/2017 – Apple had its “hold” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $150.00 price target on the stock. They wrote, “We maintain our production estimates of 20 million and 50 million iPhone X for the December and March quarters, respectively.””
  • 10/13/2017 – Apple had its price target raised by analysts at Barclays PLC to $161.00. They now have an “equal weight” rating on the stock.
  • 10/11/2017 – Apple was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $175.00 price target on the stock. According to Zacks, “Apple’s enriched product portfolio that now includes the new iPhones, Watch 3 and 4K TV will help the stock sustain momentum against S&P 500 going forward. This, along with the company's $1-billion investment for acquiring original content and its plan to break into film distribution market will further boost services’ revenues. Apple recently collaborated with Steven Spielberg's Amblin TV and NBCUniversal to revive Amazing Stories. Additionally, foray into fast-growing technologies like AI & AR/VR are long-term growth catalysts. However, the new iPhone X at $999 is quite pricey, particularly for markets like China and India. Moreover, slight delay in launching the product as compared with iPhone 8 and 8 Plus, reflects supply chain issues. This can be a concern during the upcoming holiday season. Moreover, intensifying competition from cheaper Chinese handset-makers cannot be ignored.”
  • 10/11/2017 – Apple had its “buy” rating reaffirmed by analysts at Morgan Stanley. They now have a $199.00 price target on the stock.
  • 10/11/2017 – Apple had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $196.00 price target on the stock.
  • 10/10/2017 – Apple had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $180.00 price target on the stock.
  • 10/9/2017 – Apple had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $208.00 price target on the stock.
  • 10/9/2017 – Apple had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $180.00 price target on the stock.
  • 10/6/2017 – Apple was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $173.47 price target on the stock.
  • 10/4/2017 – Apple had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $175.00 price target on the stock, up previously from $172.00.
  • 10/3/2017 – Apple had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $180.00 price target on the stock.
  • 9/28/2017 – Apple had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $140.00 price target on the stock.
  • 9/27/2017 – Apple had its “neutral” rating reaffirmed by analysts at Mizuho. They now have a $150.00 price target on the stock.
  • 9/26/2017 – Apple had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $180.00 price target on the stock.
  • 9/26/2017 – Apple had its “buy” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $175.00 price target on the stock.
  • 9/26/2017 – Apple had its “outperform” rating reaffirmed by analysts at Raymond James Financial, Inc.. They now have a $180.00 price target on the stock, up previously from $170.00.
  • 9/25/2017 – Apple was given a new $185.00 price target on by analysts at Nomura. They now have a “buy” rating on the stock.
  • 9/25/2017 – Apple had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $208.00 price target on the stock.
  • 9/22/2017 – Apple was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $173.06 price target on the stock.
  • 9/22/2017 – Apple had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $182.00 price target on the stock.
  • 9/22/2017 – Apple had its “overweight” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $196.00 price target on the stock, up previously from $190.00.
  • 9/22/2017 – Apple had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $170.00 price target on the stock.
  • 9/21/2017 – Apple had its “neutral” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $150.00 price target on the stock.
  • 9/18/2017 – Apple had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $200.00 price target on the stock.
  • 9/18/2017 – Apple had its “hold” rating reaffirmed by analysts at Mizuho. They now have a $150.00 price target on the stock.
  • 9/16/2017 – Apple had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $180.00 price target on the stock.

Apple Inc. (NASDAQ AAPL) traded down $2.63 during midday trading on Wednesday, hitting $171.34. 24,759,602 shares of the stock were exchanged, compared to its average volume of 27,246,713. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $868,110.00, a PE ratio of 18.91, a PEG ratio of 1.40 and a beta of 1.25. Apple Inc. has a 12-month low of $106.16 and a 12-month high of $176.24.

Apple (NASDAQ:AAPL) last posted its quarterly earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 EPS for the quarter, topping the Zacks’ consensus estimate of $1.87 by $0.20. The firm had revenue of $52.58 billion for the quarter, compared to analysts’ expectations of $50.71 billion. Apple had a net margin of 21.09% and a return on equity of 36.29%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.50 earnings per share. research analysts forecast that Apple Inc. will post 11.15 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Stockholders of record on Monday, November 13th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Friday, November 10th. Apple’s payout ratio is presently 27.42%.

In other news, insider Angela J. Ahrendts sold 63,388 shares of the company’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $154.21, for a total value of $9,775,063.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Philip W. Schiller sold 56,808 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $154.70, for a total transaction of $8,788,197.60. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 394,711 shares of company stock worth $62,660,786. Company insiders own 0.08% of the company’s stock.

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

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