Analysts: iPhone Sales Remain Strong and 3 More Research Notes to Look Into
Apple (NASDAQ:AAPL): Checks conducted by Detwiler Fenton reveal that North American iPhone demand is remaining resilient, despite highly competitive launches.
SanDisk (NASDAQ:SNDK): Pacific Crest believes that increases in NAND capacity over the next 6-12 months could likely put a ceiling on SanDisk’s stock . The firm keeps a $66 price target and Outperform rating on the stock.
Palo Alto Networks (NYSE:PANW): Despite a reported Q3 miss, JMP Securities still believes that the company is poised for rapid growth, though it lowered its price target from $77 to $60. It keeps an Outperform rating on the shares.
Ford (NYSE:F): Sterne Agee increased its target on Ford from $17 to $19, as the firm expects shareholders to benefit from a steady recovery in the North America vehicle cycle, disciplined capital allocation, record earnings, and increasing cash returns. The firm keeps a Buy rating on the stock.