Jim Suva Archives

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…

Apple dodges global supply chain woes with new MacBook Pro and AirPods launches

Tuesday, October 19, 2021 4:14 pm1 Comment

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?

Tuesday, March 23, 2021 9:39 am13 Comments

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

Friday, March 12, 2021 9:29 am3 Comments

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

Friday, December 18, 2020 11:39 am1 Comment

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

Monday, September 21, 2020 3:48 pm1 Comment

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

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…

Why Apple shares can hit $400

Tuesday, June 16, 2020 5:00 pmTuesday, June 16, 20208 Comments

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

Tuesday, June 16, 2020 9:48 amTuesday, June 16, 20202 Comments

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

Monday, December 30, 2019 4:01 pmNo Comments

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

Citigroup: Buy Apple stock because ‘this Christmas is different’

Thursday, December 5, 2019 4:00 pmThursday, December 5, 20191 Comment

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

Tuesday, October 29, 2019 10:16 am5 Comments

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

Friday, August 30, 2019 9:59 amNo Comments

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…