Apple, Advanced Micro Devices, Twilio Upgraded

Analysts upwardly revised their ratings and price targets on AAPL, AMD, and TWLO

Feb 1, 2017 at 9:19 AM
facebook X logo linkedin


Analysts are weighing in on Dow stock Apple Inc. (NASDAQ:AAPL), chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD), and cloud concern Twilio Inc (NYSE:TWLO). Here's a roundup of today's bullish brokerage notes on AAPL, AMD, and TWLO.

Apple Explodes on Earnings

AAPL is pointed 4.8% higher pre-market -- and on track for a fresh annual high -- after a rock-solid earnings report was met with positive brokerage attention. Specifically, no fewer than a dozen analysts upped their price targets on the stock, with Raymond James setting the highest bar, at $152. Even heading into the event, the brokerage crowd had very high expectations. Twenty-six of 33 analysts, for example, rated AAPL shares worthy of a "buy" or better, compared to five "holds" and just two "strong sells." Pre-earnings options traders, on the other hand, mostly targeted puts. Yesterday, Apple stock settled at $121.35.

Street Applauds Advanced Micro Devices Earnings

AMD is also poised to jump, up 3% ahead of the open, after closing at $10.37 on Tuesday. Catalyzing the shares is the company's narrower-than-forecast fourth-quarter loss, and a round of at least five price-target hikes. AMD is no stranger to big gains, as the stock has more than quintupled in value on a year-over-year basis. Yet, analysts have been evenly divided on the outperforming shares, with 10 handing out a "strong buy" endorsement, versus another 10 maintaining a lukewarm "hold" recommendation.

JMP Securities Upgrade Boosts Twilio

TWLO saw its rating upped to "outperform" from "market perform" at JMP Securities, ahead of next Tuesday night's earnings report. After settling at $28.83 yesterday, the stock is up 3.2% pre-market -- which would add to its 11% gain since an early January low of $25.98. If short sellers begin hitting the exits, the shares could catch an additional tailwind. After all, almost 30% of TWLO's total float is sold short, meaning there's plenty of pent-up buying power on the sidelines.

Get a jump-start on the day's stock market news with Schaeffer's free Opening View newsletter.
 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI