Apple Analyst Sees $900 Ahead and 3 Analyst Insights Making Rounds
CBS Corporation (NYSE:CBS) reported higher EPS than predicted, influencing Wells Fargo to think that the company has addressed the majority of concerns that were mentioned by investors. The firm believes that the network is “pretty messy but still healthy,” and it keeps an Outperform rating on the stock.
Apple Inc. (NASDAQ:AAPL) Q4 gross margin estimate has been increased by Jefferies to 40 percent from 39 percent due to an improvement in component yield issue, it’s higher than consensus iPhone estimate, and Apple’s guidance, which the firm claims is historically around 300 basis points below actual. Jefferies raised its Q4 earnings estimate to $16.00 from $15.50, and it keeps a Buy rating and a $900 price target on the stock.
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MAKO Surgical Corp. (NASDAQ:MAKO): According to William Blair, MAKO Surgical’s Q3 results were mixed, as unit placements beat estimates and procedures fell short. The firm predicts the company’s utilization will be back on track during Q4, and it recommends using weakness in the stock as an opportunity to start positions.
SodaStream International Ltd. (NASDAQ:SODA) reported better Q3 results than predicted and raised its guidance, influencing Oppenheimer continues to think that the shares don’t reflect the company’s solid execution and growth opportunities. The firm keeps its Outperform rating and a $55 target on the stock.
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