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Apple shares flirt with $100 level

Apple shares rose more than 1 percent on Monday, flirting with the $100 level for the first time since June.

The stock price jump came after Softbank announced its bid to acquire Apple chip designer ARM, which would make it one of Apple’s largest suppliers. 47 more words

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Barring a tax holiday, Apple will need to raise over $50 billion in debt the next 2 years

”Apple increased its stock buyback program from $140 billion by March 2017 to $175 billion by March 2018 when it released its March 2016 quarter results,” Chuck Jones writes for Seeking Alpha. 539 more words

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Cramer: How Apple shares can return to $100 and beyond

”Is Apple stock heading back above $100 per share?” Richard Saintvilus asks for TheStreet.

“Shares are currently at $97, but they can rise above $100 if the company’s earnings are not as bad as feared, and if there is excitement about its coming iPhone models in the second half of the year,” Saintvilus reports. 113 more words

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Apple stock set for Q3 catalyst

”Weaker-than-expected iPhone sales through the 6s cycle and an expectation for continued softness through the 7 cycle has driven negative investor sentiment around Apple,” Pacific Crest Securities analysts Andy Hargreaves and Evan Wingren write via Barron’s. 154 more words

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Analyst: Apple merely matching earnings expectations could push stock higher

”Pacific Crest’s Andy Hargreaves expects that results should at least be in line with expectations, and with investors sentiment so low, this should be enough to send the stock higher,” Teresa Rivas reports for Barron’s. 140 more words

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Apple stock rises above 50-day moving average as sentiment turns positive

”Apple stock climbed above its 50-day moving average on Thursday, providing evidence that investor sentiment may be turning positive,” Patrick Seitz reports for Investor’s Business Daily. 164 more words

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Longbow initiates Apple stock coverage with 'buy' rating and $125 price target

”Apple stock coverage was initiated this morning at Longbow Research with a ‘buy’ rating and a $125 price target,” Natalie Walters reports for TheStreet.

We see Apple as undervalued against stabilizing iPhone demand, a growing subscriber base that aids in Apple’s ability to monetize its ecosystem, optionality provided by the notable jump in R&D spend, and sizeable free cash generation. 103 more words

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