11 months agoFrom a note to clients that landed on my desktop Friday morning:
CORRECTION: We are correcting our 12-month price target to $80 (incorrectly published on January 14 as $85), which remains based on 22.5x our Q5-Q8 EPS forecast of $3.55. There is no change to our view or rating.
Maintains Sell rating. Lowers published target from $85 to $80.
My take: What a shit show.
See also: Goldman Sach raises Apple target $10 to Street-low $85
You must be logged in to post a comment.
on Apple soars to $171.18, its second record close in as many days '“(Reuters) – Production of Apple Inc’s flagship iPhone 13 smartphones fell 20% short of previous plans in September and October,…'
on Morgan Stanley’s Apple Bull case: $358. Base case: $200. Bear: $107 'Wei wu Wei. Daoist philosophy, perhaps poorly Anglicized.' on Morgan Stanley’s Apple Bull case: $358. Base case: $200. Bear: $107 'I dunno. I got into TSLA late, at $750, but those Gigafactories haven’t really started rolling yet, and I do…'
on DigiTimes: Apple aims to ship 300M iPhones in 2022 'Bart: Considering the magnitude of the order sizes for components and, in particular for chips, Apple must be deliberate in…'
on Apple soars to $171.18, its second record close in as many days 'I believe there’s an error in the calculation for the greatest one day percentage gain. $5.86/$171.18 is not 9.91%, but…'
on Morgan Stanley’s Apple Bull case: $358. Base case: $200. Bear: $107 'After listening to oceans of talking heads, within my years of holding AAPL and having it compounded by the 7…' on The Information: How Tim Cook saved Apple in China 'Ken C. — I don’t think this info, if actually true, was in any kind of press release as you…'
on Apple soars to $171.18, its second record close in as many days 'We should revisit our April 1, 2022 price target game. I know my $179 guess is in real play here,…'
on Apple soars to $171.18, its second record close in as many days '“… The knowledge gleaned and provided by everyone on Apple 3.0 puts the WS crowd to shame as the insights…'
on Premarket: Apple is green '@David: Warren Buffet who didn’t need to sell any shares, had a Lieutenant who talked him into selling 750,650 shares…'
“The following individuals are not included, due to a history of statistically non-credible estimates. Rob Hall/Goldman Sachs”
His analysis is very limited (which is why it proves to be wrong chronically) but, I do agree it is worth the awareness of knowing. It’s the same with CNBC. I want to know when there is a negative price influence so I can assess and exploit. Without flawed views such as Hall’s the average price would be higher between earnings events. A lower average price between earnings events, yields greater upside over time on earnings events for Apple and for shareholders who take advantage of it.