Monday, December 24, 2012

Updated AAPL Price Targets



DateAnalyst FirmRatingPrice EstimateCondition
12/21/12RBCOutperform$725Price Decreased
12/17/12Mizuho SecuritiesBuy$600Price Decreased
12/17/12Canaccord GenuityBuy$750Price Decreased
12/17/12Pacific CrestOutperform$565Price Decreased
12/14/12CitigroupNeutral$575Downgrade
12/14/12UBSBuy$700Price Reduced
12/10/12JefferiesBuy$800Price Reduced
12/3/12Sundal CollierSell$400Coverage Initiated
11/19/12Merrill LynchBuy$780Price Decreased
10/26/12Morgan StanleyOverweight$714Price Decreased
10/26/12Goldman SachsBuy$760Price Decreased
10/26/12Piper JaffrayBuy$900Price Decreased
10/18/12Janney Montgomery ScottBuy$745Price Increased
10/18/12BMOOutperform$730Price Decreased
09/21/12Deutsche BankBuy$850Price Increased
09/17/12Bank of America/Merrill LynchBuy$850Price Increased
09/13/12RW BairdBuy$750Price Increased
09/13/12FBN SecuritiesBuy$1000Price Increased
09/13/12Bernstein ResearchBuy$800Price Increased
09/4/12Wedbush SecuritiesBuy$885Price Increased
08/22/12Needham & Co.Buy$750Price Increased
08/9/12Stifel NicolausBuy$825Coverage Initiated
05/24/12OppenheimerOutperform$680Price Decreased
05/15/12Stern AgeeBuy$780Price Increased
05/15/12Barclays CapitalBuy$750Price Reiterated
05/14/12Topeka CapitalBuy$1,111Price Reiterated
05/11/12Credit SuisseOutperform$750Price Increased
04/26/12Topeka CapitalBuy$1,111Price Increased
04/25/12AurigaBuy$700Price Reiterated
04/09/12BTIGNeutral$600Downgrade


Price estimates generally refer to the expected stock price one year from the estimate date.

RBC lowers target price to $725

Based on cannibalization of iPad sales by the iPad mini and lower iPhone sales, RBC analysts lowered AAPL's target stock price to $725.

Link: AAPL: RBC Cuts Target to $725, Wells Sees Services Advantage; Safest Stock?

Monday, December 17, 2012

Updated AAPL Price Targets



DateAnalyst FirmRatingPrice EstimateCondition
12/17/12Mizuho SecuritiesBuy$600Price Decreased
12/17/12Canaccord GenuityBuy$750Price Decreased
12/17/12Pacific CrestOutperform$565Price Decreased
12/14/12CitigroupNeutral$575Downgrade
12/14/12UBSBuy$700Price Reduced
12/10/12JefferiesBuy$800Price Reduced
12/3/12Sundal CollierSell$400Coverage Initiated
11/19/12Merrill LynchBuy$780Price Decreased
10/26/12Morgan StanleyOverweight$714Price Decreased
10/26/12Goldman SachsBuy$760Price Decreased
10/26/12Piper JaffrayBuy$900Price Decreased
10/18/12Janney Montgomery ScottBuy$745Price Increased
10/18/12BMOOutperform$730Price Decreased
09/21/12Deutsche BankBuy$850Price Increased
09/17/12Bank of America/Merrill LynchBuy$850Price Increased
09/13/12RW BairdBuy$750Price Increased
09/13/12FBN SecuritiesBuy$1000Price Increased
09/13/12Bernstein ResearchBuy$800Price Increased
09/4/12Wedbush SecuritiesBuy$885Price Increased
08/22/12Needham & Co.Buy$750Price Increased
08/9/12Stifel NicolausBuy$825Coverage Initiated
05/24/12OppenheimerOutperform$680Price Decreased
05/15/12Stern AgeeBuy$780Price Increased
05/15/12Barclays CapitalBuy$750Price Reiterated
05/14/12Topeka CapitalBuy$1,111Price Reiterated
05/11/12Credit SuisseOutperform$750Price Increased
04/26/12Topeka CapitalBuy$1,111Price Increased
04/25/12AurigaBuy$700Price Reiterated
04/09/12BTIGNeutral$600Downgrade


Price estimates generally refer to the expected stock price one year from the estimate date.

AAPL gets a downgrade from Citi and multiple target price cuts

Citi downgraded AAPL to Neutral with a price target of $575. Pacific Crest cuts their price target to $565. Canaccord Genuity cuts AAPL to $750, while Mizuho Securities cuts it to $600. A number of analysts from Piper Jaffrey, Morgan Stanley, and Wells Fargo reiterated their bullish price targets.

Link: AAPL: Citi, Morgan Stanley, Piper, Bernstein, Canaccord, Mizuho, Pac Crest Debate iPhone, iPad

Saturday, December 15, 2012

Updated AAPL price targets



DateAnalyst FirmRatingPrice EstimateCondition
12/14/12UBSBuy$700Price Reduced
12/10/12JefferiesBuy$800Price Reduced
12/3/12Sundal CollierSell$400Coverage Initiated
11/26/12CitigroupBuy$675Coverage Initiated
11/19/12Merrill LynchBuy$780Price Decreased
10/26/12Pacific CrestOutperform$670Price Decreased
10/26/12Morgan StanleyOverweight$714Price Decreased
10/26/12Goldman SachsBuy$760Price Decreased
10/26/12Piper JaffrayBuy$900Price Decreased
10/18/12Janney Montgomery ScottBuy$745Price Increased
10/18/12BMOOutperform$730Price Decreased
09/21/12Deutsche BankBuy$850Price Increased
09/17/12Bank of America/Merrill LynchBuy$850Price Increased
09/13/12RW BairdBuy$750Price Increased
09/13/12FBN SecuritiesBuy$1000Price Increased
09/13/12Bernstein ResearchBuy$800Price Increased
09/4/12Wedbush SecuritiesBuy$885Price Increased
08/22/12Needham & Co.Buy$750Price Increased
08/9/12Stifel NicolausBuy$825Coverage Initiated
06/12/12Canaccord GenuityBuy$800Price Increased
05/24/12OppenheimerOutperform$680Price Decreased
05/15/12Stern AgeeBuy$780Price Increased
05/15/12Barclays CapitalBuy$750Price Reiterated
05/14/12Topeka CapitalBuy$1,111Price Reiterated
05/11/12Credit SuisseOutperform$750Price Increased
04/26/12Topeka CapitalBuy$1,111Price Increased
04/25/12AurigaBuy$700Price Reiterated
04/09/12BTIGNeutral$600Downgrade


Price estimates generally refer to the expected stock price one year from the estimate date.

UBS cuts AAPL price target to $700

UBS analyst Milunovich cut Apple's price target from $780 to $700 on iPhone estimate reductions for 2013 and 2014 and reduced ipad numbers

Link: AAPL Falls as Low as $506.01: UBS, Jefferies Trim iPhone Views, Ponder China Question

Monday, December 10, 2012

Updated AAPL Target Price



DateAnalyst FirmRatingPrice EstimateCondition
12/10/12JefferiesBuy$800Price Reduced
12/3/12Sundal CollierSell$400Coverage Initiated
11/26/12CitigroupBuy$675Coverage Initiated
11/19/12Merrill LynchBuy$780Price Decreased
10/26/12Pacific CrestOutperform$670Price Decreased
10/26/12Morgan StanleyOverweight$714Price Decreased
10/26/12Goldman SachsBuy$760Price Decreased
10/26/12Piper JaffrayBuy$900Price Decreased
10/18/12Janney Montgomery ScottBuy$745Price Increased
10/18/12BMOOutperform$730Price Decreased
09/21/12Deutsche BankBuy$850Price Increased
09/17/12Bank of America/Merrill LynchBuy$850Price Increased
09/13/12RW BairdBuy$750Price Increased
09/13/12FBN SecuritiesBuy$1000Price Increased
09/13/12Bernstein ResearchBuy$800Price Increased
09/4/12Wedbush SecuritiesBuy$885Price Increased
08/22/12Needham & Co.Buy$750Price Increased
08/9/12Stifel NicolausBuy$825Coverage Initiated
06/12/12Canaccord GenuityBuy$800Price Increased
05/24/12OppenheimerOutperform$680Price Decreased
05/15/12Stern AgeeBuy$780Price Increased
05/15/12Barclays CapitalBuy$750Price Reiterated
05/14/12Topeka CapitalBuy$1,111Price Reiterated
05/11/12Credit SuisseOutperform$750Price Increased
04/26/12Topeka CapitalBuy$1,111Price Increased
04/25/12AurigaBuy$700Price Reiterated
04/09/12BTIGNeutral$600Downgrade


Price estimates generally refer to the expected stock price one year from the estimate date.

Jefferies drops AAPL target by $100

On expectations of reduced margins in 2014 due to saturating the smart-phone market in developed nations, Jefferies analyst Misek reduced AAPL's target price form $900 to $800.

Link: Apple: Jefferies Trims Target; Sees Margin Crunch In 2014

Monday, December 3, 2012

Updated AAPL Target Price



DateAnalyst FirmRatingPrice EstimateCondition
12/3/12Sundal CollierSell$400Coverage Initiated
11/26/12CitigroupBuy$675Coverage Initiated
11/19/12Merrill LynchBuy$780Price Decreased
10/26/12Pacific CrestOutperform$670Price Decreased
10/26/12Morgan StanleyOverweight$714Price Decreased
10/26/12Goldman SachsBuy$760Price Decreased
10/26/12Piper JaffrayBuy$900Price Decreased
10/18/12Janney Montgomery ScottBuy$745Price Increased
10/18/12BMOOutperform$730Price Decreased
09/21/12Deutsche BankBuy$850Price Increased
09/17/12Bank of America/Merrill LynchBuy$850Price Increased
09/13/12RW BairdBuy$750Price Increased
09/13/12FBN SecuritiesBuy$1000Price Increased
09/13/12Bernstein ResearchBuy$800Price Increased
09/4/12Wedbush SecuritiesBuy$885Price Increased
08/22/12Needham & Co.Buy$750Price Increased
08/17/12JefferiesConviction List Buy$900Price Increased
08/9/12Stifel NicolausBuy$825Coverage Initiated
06/12/12Canaccord GenuityBuy$800Price Increased
05/24/12OppenheimerOutperform$680Price Decreased
05/15/12Stern AgeeBuy$780Price Increased
05/15/12Barclays CapitalBuy$750Price Reiterated
05/14/12Topeka CapitalBuy$1,111Price Reiterated
05/11/12Credit SuisseOutperform$750Price Increased
04/26/12Topeka CapitalBuy$1,111Price Increased
04/25/12AurigaBuy$700Price Reiterated
04/09/12BTIGNeutral$600Downgrade


Price estimates generally refer to the expected stock price one year from the estimate date.

Sundal Collier issues SELL rating on AAPL and $400 target price

Sundal Collier sees very little upside for Apple, and issued a SELL rating with a price target of $400.

Link:AAPL: Sundal Collier Starts at Sell, $400 Target; ‘Cycle of Vogue’ Ending