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Sacconaghi has a $195 price target on shares, suggesting 15% upside from Wednesday's close. Bernstein is optimistic that the ongoing weakness in the China market "is more cyclical than structural." Oppenheimer analyst Martin Yang lowered his forecast for the current quarter ahead of the report, accounting for softer iPhone sales trends in China. Sankar has a buy rating and a price target of $220. Malik reiterated his buy rating on the stock ahead of the announcement while notching down his price target to $210 from $220.
Persons: Tesla, Bernstein, Toni Sacconaghi, Sacconaghi, Oppenheimer, Martin Yang, Yang, Samik Chatterjee, Chatterjee, TD Cowen's Krish Sankar, Sankar, JPMorgan's Chatterjee, Atif Malik, Malik, Cowen's Sankar Organizations: Apple, Wall Street, Huawei, Counterpoint Research, JPMorgan, Citi Locations: China, India
Here's why Oppenheimer lowered Apple's price target to $200
  + stars: | 2023-10-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Oppenheimer lowered Apple's price target to $200Martin Yang, a senior analyst at Oppenheimer, joins 'Squawk on the Street' to discuss the firm's price target cut on Apple, demand for Apple's products in North America and Europe, and the company's pace of innovation.
Persons: Oppenheimer, Martin Yang Organizations: Apple Locations: North America, Europe
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's A16 chip remains big focus ahead of iPhone 15 event, says Oppenheimer's Martin YangMartin Yang, Oppenheimer & Co., joins 'Squawk on the Street' to discuss what to expect from Apple's upcoming launch event.
Persons: Oppenheimer's Martin Yang Martin Yang, Oppenheimer Organizations: Co
Apple Q3 earnings: Here's what to expect
  + stars: | 2023-08-03 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple Q3 earnings: Here's what to expectCNBC's Steve Kovach and Oppenheimer's Martin Yang join 'The Exchange' to discuss what to expect from Apple's earnings report.
Persons: Steve Kovach, Oppenheimer's Martin Yang
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple has a 'very unique' advantage over other A.I. model builders, analyst saysMartin Yang, senior analyst of emerging technologies at Oppenheimer & Co., explains the why the company is "very constructive" on Apple's stock and discusses the tech giant's "market access advantage" in artificial intelligence.
Persons: Martin Yang Organizations: Apple, Oppenheimer, Co
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple will remain a buy over the next 3-5 years because of earnings power, says Oppenheimer's YangMartin Yang, senior analyst at Oppenheimer, joins 'Squawk on the Street' to discuss whether Apple's market capitalization can keep going, the tech giant's service revenue, and the risk to Apple's growth.
Persons: Oppenheimer's Yang Martin Yang, Oppenheimer Organizations: Apple
Apple's first physical retail store is located in the populous city of Mumbai. Now, he's betting big on the South Asian giant as Apple shifts its focus away from China and expands its footprint in India. Still, analysts told CNBC the iPhone-maker's dependency on China will remain for years to come. "It will take Apple years to diversify away from China," Soni said. The iPhone maker had to scale back production in China due to those restrictions, a move that hurt its bottom line.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's focus on first-party services will drive margins, says Oppenheimer's Martin YangMartin Yang, a senior analyst at Oppenheimer joins CNBC's Steve Kovach on 'The Exchange' to discuss app store revenue, Apple's earnings numbers, and Apple's focus on first-part service revenue growth.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's first-party content is a robust source of growth, analyst saysMartin Yang of Oppenheimer explains the company's "outperform rating" on Apple.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple is unlikely to lose customers as a result of production delays, analyst saysMartin Yang of Oppenheimer & Co says they're likely to return by the second quarter of next year.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia will become a major hub for iPhone manufacturing in the next few years, says Oppenheimer's YangMartin Yang, Oppenheimer analyst, joins 'Squawk on the Street' to discuss iPhone demand and whether delays in delivering the iPhone 14 could impact the company's bottom line.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis a good entry point for Take-Two if you stick around for two years, says Oppenheimer analystOppenheimer analyst Martin Yang joins 'TechCheck' to discuss the mixed results for the mobile gaming sector, how Take-Two's deal for Zynga looks now, and more.
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