Apple Analyst Sees $725 Ahead and 4 Investor Insights Making Rounds

Apple Inc. (NASDAQ:AAPL): Current price $446.36

Bernstein believes that the second half of 2013 estimates for Apple are too high as the firm expects iPhone sales for the third quarter to come in below the consensus outlook. However, the firm maintains a $725 price target and Outperform rating on the stock.

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Cash America International, Inc. (NYSE:CSH): Current price $48.10

After the company reported stronger than expected results, Sterne Agee increased their target on Cash America International, Inc. The firm maintains a Buy rating on the shares.

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Covidien PLC. (NYSE:COV): Current price $62.46

Following their first quarter results, Brean Capital raised their price target on Covidien PLC. The firm cited strong business across the board, increased guidance, and expectations for margins to be maintained. Shares are Buy rated.

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LSI Corporation (NYSE:LSI): Current price $7.34

Pacific Crest expects LSI Corporation to benefit from new products and share gains, and they think that the company’s flash storage unit can outperform expectations this year. They maintain an Outperform rating on the stock.

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Raytheon Co. (NYSE:RTN): Current price $55.50

Berrnstein believes that Raytheon Co. reported strong fourth quarter results and views their longer term outlook as positive in light of their large backlogs. The firm maintains an Outperform rating on the shares.

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