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MrWhy.com » Videos » Piper Jaffray Says Sprint & T-Mobile are Likely to Carry iPh |
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Piper Jaffray Says Sprint & T-Mobile are Likely to Carry iPh
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Piper Jaffray Says Sprint & T-Mobile are Likely to Carry iPh
In a research note released today, Piper Jaffray said they believe Apple’s (NASDAQ:AAPL) iPhone 5 will be available for sale through both Sprint (NYSE:S) and T-Mobile, as well as through the existing partners AT&T (NYSE:T) and Verizon (NYSE:VZ). The firm believes Sprint is positioned to benefit the most from offering the iPhone, and believes Apple stands to gain from the addition of more carriers.Apple (NASDAQ:AAPL) has a potential upside of 29.2% based on a current price of $354 and an average consensus analyst price target of $457.24.Apple is currently above its 50-day moving average (MA) of $338.54 and above its 200-day of $330.97. In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.32%.
Video Length: 0
Date Found: July 12, 2011
Date Produced:
View Count: 0
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