Ron Burgundy Posted January 7, 2016 Share Posted January 7, 2016 By Noel Randewich SAN FRANCISCO (Reuters) - Apple's stock slump of almost 20 percent over the past month has exposed a widening divide between investors and the sell-side analysts who cover the iPhone maker. Brokerage analysts focused on the company's relatively modest price-to-earnings valuation are mostly sticking to projections that would have Apple surge 50 percent or more this year, even after trimming their own earnings forecasts in the face of worries about soft demand for the iPhone. The steep decline has added psychological pressure to analysts sticking to rosy outlooks for Apple. View the full article Quote Link to comment Share on other sites More sharing options...
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