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AAPL

Apple

$117.06

0.11 (0.09%)

05:57
12/22/16
12/22
05:57
12/22/16
05:57

Apple extends deadline requiring ATS support in apps submitted to App Store

Apple says, "App Transport Security, introduced in iOS 9 and OS X v10.11, improves user security and privacy by requiring apps to use secure network connections over HTTPS. At WWDC 2016 we announced that apps submitted to the App Store will be required to support ATS at the end of the year. To give you additional time to prepare, this deadline has been extended and we will provide another update when a new deadline is confirmed." Reference Link

AAPL Apple
$117.06

0.11 (0.09%)

12/16/16
PIPR
12/16/16
INITIATION
Target $155
PIPR
Overweight
Apple assumed with an Overweight at Piper Jaffray
Piper Jaffray analyst Michael Olson assumes coverage of Apple from the departing Gene Munster and keeps an Overweight rating on the shares with a $155 price target. Olson expects "growing anticipation" around the upcoming iPhone 8 and sees a favorable long-term trajectory for Apple's services growth. He believes Apple shares offer a favorable risk/reward. The shares closed yesterday up 63c to $115.82.
12/16/16
UBSW
12/16/16
NO CHANGE
Target $28
UBSW
Buy
Jabil comments point to iPhone weakness now, strength later, says UBS
UBS analyst Steven Milunovich noted that Jabil Circuit (JBL) does not comment directly on its business with Apple (AAPL), though he points out that the iPhone maker accounts for about 24% of Jabil's revenue. Jabil said handsets were soft in the quarter and appear to be down again in the February period, suggesting worries about Apple's units in the March quarter may be justified, Milunovich tells investors. However, Jabil expects an "unusually strong" August-end quarter, making it sound like units should be strong for the initial iPhone 8 build and possibly into FY18, added the analyst, who keeps a Buy rating on Jabil and tweaked his price target up to $28 from $27 on its shares.
12/16/16
BMOC
12/16/16
NO CHANGE
BMOC
Apple outlook mixed, says BMO Capital
After conducting channel checks in Asia, BMO Capital analyst Tim Long raised his December quarter iPhone 7 estimates above consensus levels. However, he lowered his estimates for the company's March and June quarters, citing cautious statements by Apple's supply chain partners.
12/16/16
12/16/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Apple (AAPL) assumed with an Overweight at Piper Jaffray with analyst Michael Olson assumes coverage of Apple from the departing analyst Gene Munster and keeps an Overweight rating on the shares with a $155 price target. 2. Alphabet (GOOG, GOOGL) initiated with a Neutral at Cleveland Research. 3. Clorox (CLX) initiated with an Outperform at BMO Capital. 4. Biogen (BIIB) initiated with a Neutral at Cantor. 5. Ulta Beauty (ULTA) initiated at BMO Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

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General news
FX Action: EUR-USD, USD-JPY and other major pairings are in sideways mode »

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DE

Deere

$145.25

6.02 (4.32%)

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TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:08
11/23/17
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Tesla CEO highlights 'record time' on Australian ion battery »

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  • 16

    Jan

TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:07
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Tesla completes construction on largest lithium ion battery in Australia »

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  • 16

    Jan

GSK

GlaxoSmithKline

$35.06

0.25 (0.72%)

, INVA

Innoviva

$13.42

0.01 (0.07%)

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GSK, Innoviva submit data to FDA for expanded Trelegy Ellipta label »

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GSK

GlaxoSmithKline

$35.06

0.25 (0.72%)

INVA

Innoviva

$13.42

0.01 (0.07%)

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SVM

Silvercorp Metals

$2.51

-0.07 (-2.71%)

07:52
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Silvercorp Metals to buy back up to 5% of shares »

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CEL

Cellcom Israel

$10.00

-0.1 (-0.99%)

07:49
11/23/17
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07:49
Hot Stocks
Cellcom Israel now second layer company according to Concentration Law »

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GASS

StealthGas

$4.07

0.36 (9.70%)

07:06
11/23/17
11/23
07:06
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07:06
Recommendations
StealthGas analyst commentary at Jefferies »

StealthGas trades at only…

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CPRT

Copart

$41.01

4.31 (11.74%)

07:02
11/23/17
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07:02
Recommendations
Copart analyst commentary at Jefferies »

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  • 19

    Dec

DE

Deere

$145.25

6.02 (4.32%)

06:56
11/23/17
11/23
06:56
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06:56
Upgrade
Deere rating change at Deutsche Bank »

Deere upgraded to Buy…

03/08/13
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  • 28

    Nov

DE

Deere

$145.25

6.02 (4.32%)

06:55
11/23/17
11/23
06:55
11/23/17
06:55
Recommendations
Deere analyst commentary at Wells Fargo »

Deere price target raised…

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  • 28

    Nov

06:40
11/23/17
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General news
FX Update: The dollar has remained on a weakening track »

FX Update: The dollar has…

SECO

Seeco Holding

$8.34

0.14 (1.71%)

04:55
11/23/17
11/23
04:55
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04:55
Conference/Events
Seeco Holding management to meet with Jefferies »

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  • 23

    Nov

04:55
11/23/17
11/23
04:55
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04:55
Conference/Events
Deutsche Bank to hold a conference »

Thailand SET Corporate…

04:55
11/23/17
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RBC Capital to hold field trip »

European Utilities Field…

BASFY

BASF

$27.39

-0.13 (-0.47%)

04:55
11/23/17
11/23
04:55
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04:55
Conference/Events
BASF management to meet with Evercore ISI »

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  • 23

    Nov

  • 24

    Nov

RBS

RBS

$7.30

-0.04 (-0.54%)

04:55
11/23/17
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04:55
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Conference/Events
RBS management to meet with Jefferies »

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  • 23

    Nov

  • 24

    Nov

04:25
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General news
FX Action: USD-CAD punched out a 10-day low »

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02:35
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FX Update: The dollar has remained on a downward path »

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L

Loews

$49.36

-0.02 (-0.04%)

, GE

General Electric

$18.15

0.32 (1.79%)

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Loews CEO James Tisch buys 3M shares of General Electric »

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L

Loews

$49.36

-0.02 (-0.04%)

GE

General Electric

$18.15

0.32 (1.79%)

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BRFS

BRF S.A.

$12.77

-0.16 (-1.24%)

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BRF S.A. names Jose Aurelio Drummond Jr. as CEO »

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SU

Suncor

$35.42

0.2 (0.57%)

18:02
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Hot Stocks
Suncor closes sale of equity interest in East Tan Farm, redeems $750M in debt »

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  • 05

    Dec

SAP

SAP

$113.85

-1.44 (-1.25%)

17:53
11/22/17
11/22
17:53
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17:53
Periodicals
SAP launches investigation of sales practices in Gulf region, Reuters reports »

SAP has launched a formal…

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