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…
Tag: Jim Suva
Why Apple stock is a must buy for 2023 – analyst
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
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
“Despite macro woes, we continue to see several positive drivers for Apple’s products/services,” Citi analyst Jim Suva writes in a…
Apple’s supply chain issues might not be that bad, Wall Street says
Analysts say Apple’s supply crunch looks to be only temporary, occurring during Apple’s slower time of the year, and the company’s…
Apple could be poised to unleash $90 billion in buybacks
Apple investors will, as always, be eyeing revenue and profit, but they also will be focused on the company’s plans for buybacks and…
Apple could boost dividend 10% – Citigroup
Citigroup analyst Jim Suva estimated that Apple could increase its dividend by 5% to 10% and may announce a buyback plan of $80 billion…
Apple’s blowout earnings could mean another huge year for the company
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
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…
Apple dodges global supply chain woes with new MacBook Pro and AirPods launches
One day after unveiling all-new powerful MacBook Pro models and new third gen. AirPods, seemingly dodging global supply chain woes …
Will Apple or Tesla be first to hit a $3 trillion market cap?
A growing group of Wall Street analysts is predicting that electric autonomous vehicles sales will propel Apple and Tesla to $3 trillion…
Analysts see a $3 trillion market cap in Apple’s future
Apple could hit a market cap of $3 trillion, analysts from Citigroup and Wedbush say, citing high expectations for next-gen iPhones…
Citigroup ups Apple target price to $150 from $125
In 2020, Apple, at least, has had a spectacular year, with AAPL stock up 77%, increasing the company’s valuation by more than $900 billion…
Citigroup analyst: Buy Apple
Apple shares have sold off about 8% since the unveiling of new Apple Watches, but a Citigroup analyst today sees good things about Apple…
Citi raises Apple price target to $125
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
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…
Why Apple shares can hit $400
Apple shares are once again flirting with a new all-time high, as Wall Street analysts continue to boost earnings expectations for the June quarter and…
Citi boosts Apple target to new Street high, shares gain
Shares of Apple are up $9.25 (+2.70%) to $352.24 in premarket trading Tuesday after Citi Research analyst Jim Suva raised his price target to $400…
Citi: Apple Watch and AirPods and watch sales will be the ‘big surprise’ of Apple’s next earnings report
The strong sales of Apple Watch and AirPods will come as a “surprise” to investors…
Citigroup: Buy Apple stock because ‘this Christmas is different’
Apple is getting a lift from Citigroup, after the bank reiterated its Buy rating on the stock and…
Citi: AirPods Pro means a healthy holiday season for Apple
Apple revealed on Monday that it was releasing a Pro version of its wireless AirPod earbuds — just in time for the holidays. “I do think the product will be a great stocking stuffer,” Citi research analyst Jim Suva…
Apple suppliers have lagged behind Apple stock, but that could change soon
The 50-plus Apple suppliers that Barron’s tracks — companies that derive a significant portion of sales from Apple — are up about 17.5% year to date…
Citi Research raises its Apple price target from $230 to $265
Apple shares will rally because the company will benefit from falling component costs for its phones…
Analyst expects Apple to hit $200 with compelling 2018 iPhone lineup, continued services growth
Despite Apple’s recent underperformance on Wall Street, one analyst believes there are no less than five reasons…
Citigroup: Apple will more than double buybacks due to Tax Cuts and Jobs Act
Apple’s capital return plan will get much larger…
Citi ups Apple price target to $160 on impending iPhone supercycle
On Monday, Citi’s Jim Suva was the latest Wall Street analyst to become incrementally bullish…
Analysts: Long wait times for Apple’s iPhone 7/Plus encouraging
The Street’s checking in on Apple’s iPhone 7 today, two weeks after the device went on sale broadly…
Can Apple still grow in 2016? Analyst: Of course it can
Apple Inc. shares have appreciated 5.25 percent year-to-date…
Apple’s revolutionary iPhone is a juggernaut unlike anything we’ve ever seen
iPhone demand is still healthy globally given solid underlying build and sell through…
Analyst: Apple is a cash flow machine
Apple investors should expect a dividend increase and a bigger stock buyback…
Analysts have high hopes for Apple Watch
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
The consensus is underestimating both the continued demand for iPhone 6 and iPhone 6 Plus as well as…
Citi sees Apple Watch price points of $550 and $950; myriad accessories
We expect Apple to give specifics on the launch time, price, and geographic locations…
5 reasons why Apple’s historic $750 billion market value could get even bigger
Apple has broken its fair share of records lately…
Citigroup’s new Apple price target implies 20% rally
The price target on Apple’s stock was raised to…
Citi, BMO boost Apple price targets
Stronger-than-expected iPhone 6 and 6+ sales…
Citigroup: Demand is off the charts for Apple’s 64-bit Phone 6/Plus
“Off-the-charts” iPhone 6/Plus demand…
