TagAAPL stock

Apple's Stock Could Crash and Take the Broader Market Down Too

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Apple

By CCN: Morgan Stanley analyst Katy Huberty delivered mixed messages regarding Apple's stock this week. With Apple's stock closing at $178 on Thursday, she downgraded the price target from $240 to $231. She did not change her revenue or profit estimate though and then noted that AAPL could trade as low as $160 in the near-term. Confusion Reigns in Apple's Stock These contradictory signals reflect...

Tech Analyst's Crazy $350 Apple Stock Prediction Is Dead Wrong

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Apple stock

By CCN: Even prior to Apple delivering strong earnings that beat estimates, tech stock analyst Gene Munster said that Apple would rise 70% over the next two years. With today’s earnings announcement from Apple, it may initially appear that he’s right. Munster told CNBC: “There’s meaningful upside to the Apple story. I suspect that this year, Apple will be the best-performing FANG stock. I think...