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大行评级丨大摩:下调苹果目标价至210美元 料季绩略胜预期

Big Bank Rating丨Damo: Lowering Apple's Target Price to $210, Expected Quarterly Results Slightly Beat Expectations

Gelonghui Finance ·  Apr 23 23:09
Glonghui, April 23 | Damo released a report. It is predicted that for the fiscal quarter ending March of this year, Apple's revenue and earnings per share were better than expected, benefiting from stable demand for products and outperforming the market. The revenue for the second fiscal quarter is expected to reach 91 billion US dollars and earnings per share reached 1.51 billion US dollars. However, the bank expects that the company's revenue guidance for the third fiscal quarter ending June this year will be close to the bank's forecast of 80 billion US dollars, and the earnings estimate is 1.22 US dollars per share, which is 4% to 7% lower than the market forecast. The bank said that investors are paying more attention to the performance of the mainland market this quarter, Apple's latest capital return statement, capital expenditure, etc.; the bank said it lowered its target price from 220 US dollars to 210 US dollars, maintaining its rating as “increase in holdings.”

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