Investment bank Piper Jaffray on Tuesday highlighted shares of Apple Inc. by adding them to its Alpha List, saying three key catalysts are likely to lead to significant share appreciation in the short term
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Investment bank Piper Jaffray on Tuesday highlighted shares of Apple Inc. by adding them to its Alpha List, saying three key catalysts are likely to lead to significant share appreciation in the short term
Companies assigned to the firm's Alpha List may have a 12-month rating of Buy, Neutral or Sell but, as a result of particular near-term catalysts or market conditions, an analyst chooses to emphasize the stock's potential for near-term growth
'We have analyzed stock action around the September events over the last 3 years,' he advised cleints. 'On average shares of Apple have risen +4 percent from the week before to the week after the September event and +47 percent from the week before to four months after (through the holidays),'
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