Apple Shipment Estimates Lowered and 4 Investor Insights Making Rounds

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Apple Inc. (NASDAQ:AAPL): Current Price: $524.10

CLSA reduced both its March quarter iPhone shipments estimate and its price target as a way to reflect reduced estimates, slower growth in high-end smartphones, and margin uncertainty. Shares keep a Buy rating.

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Universal Display Corp. (NASDAQ:PANL): Current Price: $25.55

JMP Securities is convinced that Universal Display’s has seen weakness in its¬†stock as a result of concerns regarding the high costs of LG’s new 55 OLED HDTVs, along with few details concerning the timetable for the release of a similar product by Samsung (SSNLF). The firm continues to be confident that Universal Display’s total addressable market will keep growing, and it keeps its Outperform rating on the stock.

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The Coca-Cola Company (NYSE:KO): Current Price: $36.65

Coca-Cola¬†and Pepsi (NYSE:PEP) estimates have been reduced by Bernstein as a means to show the weak outlook for CSD trends. The firm also reduced Coca-Cola’s price target to $43 from $44 and Pepsi’s to $79 from $80.

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