Sterne Agee Raises Apple EPS Estimates (AAPL)
Sterne Agee raised their EPS estimates on shares of Apple (NASDAQ: AAPL) in a research note issued on Tuesday. The firm currently has a “buy” rating and a $780.00 price target on the company’s shares.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse (NYSE: CS) cut their EPS estimates on shares of Apple in a research note on Friday. They now have an “outperform” rating and a $750.00 price target on the stock. Separately, analysts at Analyst reiterated an “outperform” rating on shares of Apple in a research note to investors on Friday, May 11st. Finally, analysts at Hilliard Lyons raised their price target on shares of Apple from $660.00 to $740.00 in a research note to investors on Thursday, April 26th. They now have a “buy” rating on the stock.
Shares of Apple traded down 1.00% during mid-day trading on Tuesday, hitting $547.65. Apple has a one year low of $310.50 and a one year high of $644.00. The company has a market cap of $512.1 billion and a P/E ratio of 13.48.
Apple Inc. (Apple), along with its subsidiaries is engaged in designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications.