“In Wall Street’s quarter-to-quarter obsession with growth, it’s not surprising that analysts continue to take a wait-and-see attitude when it comes to Apple,” Richard Saintvilus writes for Yahoo Finance. 213 more words
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“Canaccord Genuity’s T. Michael Walkley reiterated his Buy rating on the stock and upped his target price to $600 (from $570),” Tiernan Ray reports for Barron’s, “noting that he expects its devices to take market share in the second half of his year, as he sees a lack of differentiation among Android competitors and new iPhones and iPads with larger screens will encourage the company’s customer base to upgrade.” 61 more words
“While Apple’s product releases are undoubtedly a major driver for Apple’s stock, the company is creating value for shareholders in other areas far more imperceptibly: through dividends and share repurchases,” Daniel Sparks reports for The Motley Fool. 123 more words
“Shares of Apple Inc. traded sideways Friday ahead of the technology giant’s shareholder meeting,” Benjamin Pimentel reports for MarketWatch.
“Apple edged higher at the opening bell, but the stock gave up those gains… as the Cupertino, Calif.-based company geared up for its annual meeting,” Pimentel reports. 71 more words
“Apple (AAPL) is an outlier in a major shift of stock ownership that’s unfolded over the past five years, according to a note issued Wednesday by Morgan Stanley’s Katy Huberty,” Philip Elmer-DeWitt reports for Fortune. 83 more words