Apple: Jefferies still bobbing the Apple on Hallowe'en
(CercleFinance.com) - An analyst at Jefferies today confirms a "buy" recommendation on the Apple stock, appreciating better-than-expected results, both in terms of revenues and the sales of iPhones.
"The F21 5G cycle remains a catalyst ahead and our F21 iPhone unit estimate is 209M vs consensus for 194M," the broker says.
The analyst confirms a target price of 285 dollars for the share.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"The F21 5G cycle remains a catalyst ahead and our F21 iPhone unit estimate is 209M vs consensus for 194M," the broker says.
The analyst confirms a target price of 285 dollars for the share.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.