Accueil > Actualité
Actualite financiere : Actualite bourse

Apple: share rises with analysts upbeat

(CercleFinance.com) - The Apple share is the sharpest riser in the Dow Jones on Tuesday, driven by positive comments from analysts at Credit Suisse.


At 10:00 am (local time), the share of the Californian high-tech giant was up 5.2% at 210,7 dollars, outperforming the 1,6% increase in the Dow. Note that it has fallen by 6% since the start of August.

In comments aboutthe Cupertino-based group, Credit Suisse analysts - which rely on official data - point out that Chinese deliveries of iPhones jumped 42% in July, even though the smartphone market was down 3.5% over this period.

This recovery, which bodes well for the share after its 35% plunge in June, could herald a solid third quarter for the group, say the Credit Suisse teams.

However, despite everything, the investment bank still prefers to maintain a "neutral" rating on the share, along with a target price of 209 dollars, pretty much the same as its current market price.


Copyright (c) 2019 CercleFinance.com. All rights reserved.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.