Citi analyst Jim Suva removed Apple (AAPL) from his firm's US Focus List saying tough comps and limited potential sales/earnings upside in the near term may cause some investors to exit the stock. This would create an attractive entry point for long-term investors, Suva tells investors in a research note. He reiterates a Buy rating on Apple with a $145 price target. The iPhone maker closed yesterday up $1.74 to $115.50. The Focus List consists of Citi's highest conviction stocks with identifiable and non-consensus calls. The analyst also downgraded this morning both Sanmina (SANM) and Vishay (VSH) to Sell. Piper Jaffray analyst Gene Munster today said Apple remains his top large cap pick into the September quarter earnings season.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: While... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here