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Tag: Citi

Citi hikes Apple price target to $365; bullish on market share gains and pricing power

Monday, July 13, 2026 11:00 amMonday, July 13, 20263 Comments

On Monday, Citi raised its price target on Apple to $365 from $315 while maintaining its Buy rating. The move reflects stronger margin…

Siri’s big revamp could supercharge Apple stock next week

Monday, June 1, 2026 1:01 pmMonday, June 1, 20261 Comment

Apple is expected to reveal updates across its operating systems next week, a development that could help the company close the gap…

What ‘low investor expectations’ mean for Apple stock

Monday, June 2, 2025 10:42 amNo Comments

Citi have consistently highlighted the delay as a negative factor for Apple stock, with Citi stating in March that it could impact full-year…

Apple is Citi’s Top AI Stock pick for 2025

Thursday, August 29, 2024 10:45 amNo Comments

Citi analyst Atif Malik says Apple Apple is the firm’s Top AI Stock pick for 2025 because of its coming rollout of artificial intelligence…

Wedbush: China’s government worker iPhone ban is way overblown

Thursday, September 7, 2023 9:02 amThursday, September 7, 20234 Comments

Wedbush Securities analyst Daniel Ives, like Citi analysts, believes the market is overreacting to the news that China has in recent weeks…

Citi: The market may have have overreacted to China’s state employee iPhone curbs

Thursday, September 7, 2023 8:37 am1 Comment

China has in recent weeks widened existing curbs (extent unknown) on the use of iPhones by state employees, The Wall Street Journal…

Citi’s Jim Suva explains why 2023 will be a good year for Apple stock

Thursday, December 29, 2022 12:58 pm3 Comments

Jim Suva, Citi senior tech analyst, joins CNBC’s ‘Squawk on the Street’ to explain why he is bullish on Apple in spite of the fact its share…

Why Apple stock is a must buy for 2023 – analyst

Thursday, December 22, 2022 9:09 am2 Comments

Apple stock now trades on a forward price-to-earnings ratio of 22, a roughly 21% discount to its historical average. At 16 times…

After Apple’s strong quarter, Citi outlines 5 reasons to buy the stock

Friday, July 29, 2022 10:43 am2 Comments

Apple’s better-than-expected Q322 earnings report helped assuage investors’ worries about how a slowdown in consumer demand…

Citi gives five reasons to buy Apple stock

Wednesday, July 13, 2022 4:35 pmNo Comments

“Despite macro woes, we continue to see several positive drivers for Apple’s products/services,” Citi analyst Jim Suva writes in a…

Apple’s blowout earnings could mean another huge year for the company

Friday, January 28, 2022 4:41 pm3 Comments

Apple helped kick off Big Tech’s earnings season on Thursday with its best quarter in history: $123.95 billion in revenue, an 11% jump YOY…

Citi hikes Apple price target from $170 to $200

Wednesday, December 22, 2021 9:30 am3 Comments

Citigroup analyst Jim Suva has hikes the firm’s the price target on Apple from $170 to $200, an implied upside of 15.6%, and reiterated…

Citi raises Apple price target to $125

Monday, September 21, 2020 12:17 pm1 Comment

Citi analyst Jim Suva raised the firm’s price target on Apple to $125 from $112.50 and keeps a Buy rating on the shares…

Analyst: Mac transition to Apple silicon to save company up $850M a year

Tuesday, June 23, 2020 12:15 pmTuesday, June 23, 202019 Comments

Apple’s move away from Intel chips in its Mac line in favor of its own custom silicon could save the Cupertino Colossus up to $850 million annually…

Apple’s story is shifting thanks to the massive success of Apple Watch and AirPods

Wednesday, January 8, 2020 5:30 pmWednesday, January 8, 20201 Comment

Apple’s wearables business, which includes the Apple Watch and AirPods, are expected to show massive growth for the 2019 holiday quarter…

Citi: Apple Watch and AirPods and watch sales will be the ‘big surprise’ of Apple’s next earnings report

Monday, December 30, 2019 4:01 pmNo Comments

The strong sales of Apple Watch and AirPods will come as a “surprise” to investors…

Citi slashes Apple price target, shares continue fall

Monday, December 10, 2018 10:35 amMonday, December 10, 201810 Comments

We have found the legacy iPhones are doing better than expected…

Citi ups Apple price target to $160 on impending iPhone supercycle

Monday, March 6, 2017 9:58 amMonday, March 6, 20178 Comments

On Monday, Citi’s Jim Suva was the latest Wall Street analyst to become incrementally bullish…

Can Apple still grow in 2016? Analyst: Of course it can

Friday, December 11, 2015 1:29 pm5 Comments

Apple Inc. shares have appreciated 5.25 percent year-to-date…

Analyst: Apple is a cash flow machine

Monday, April 20, 2015 3:28 pmMonday, April 20, 20158 Comments

Apple investors should expect a dividend increase and a bigger stock buyback…

Analysts have high hopes for Apple Watch

Saturday, April 4, 2015 3:08 pmSaturday, April 4, 201527 Comments

Analysts and investors alike are gearing up for the highly anticipated…

Citi adds Apple to ‘Focus List,’ gives 6 reasons why stock can trade higher

Wednesday, April 1, 2015 4:32 pmWednesday, April 1, 20152 Comments

The consensus is underestimating both the continued demand for iPhone 6 and iPhone 6 Plus as well as…

5 reasons why Apple’s historic $750 billion market value could get even bigger

Thursday, February 19, 2015 2:02 pmThursday, February 19, 20159 Comments

Apple has broken its fair share of records lately…

Apple CEO Cook may not subscribe to ‘peak smartphone’ theory, but Citi analysts sure do

Friday, July 26, 2013 12:01 pmFriday, July 26, 201322 Comments

Apple beat analyst estimates with better-than-expected iPhone sales…

Analysts trim Apple estimates on iPhone, iPad concerns

Wednesday, March 6, 2013 12:21 pm8 Comments

Another day, and more earnings estimate cuts for Apple…

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