. Apple (AAPL) was and still is the darling of Wall Street. Sure, investors get the jitters from time to time, but sky-high price targets and big long-term bets are the norm for the world's most profitable smartphone maker. Apple reported its third fiscal quarter results on Tuesday, and the company shocked the Street when it missed earnings expectations by a huge margin. Initial reactions were predictable - shares of Apple stock dipped more than 5% in after-hours trading on Tuesday - and now some big banks are pumping the brakes… albeit temporarily.
Price targets on Apple's stock are dropping all over.
Boy Genius Report , Big banks pump the brakes on Apple following huge earnings miss, Big banks pump the brakes on Apple following huge earnings miss
No comments:
Post a Comment