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Apple Q2 Earnings Preview: Every Analyst Recommendation And Price Target

Well... almost every analyst recommendation and price target. There are a lot, to say the least; somewhere between 40 and 50 sell-side analysts cover Apple Inc. AAPL 0.68%.

The world's largest publicly-traded company is set to report second-quarter earnings after the closing bell rings on Tuesday. Below is a quick look at a good portion of the analyst recommendations ahead of the results.

Related Link: How Apple's Near-Decade Of iPhone Growth Is Likely Over... In 1 Chart

  • Drexel Hamilton - Buy, $200 price target
  • Piper Jaffray - Overweight, $172 target
  • Goldman Sachs - Buy, $155 target
  • Brean Capital - Buy, $155 target
  • Credit Suisse - Outperform, $150 target
  • Needham - Strong Buy, $150 target
  • Canaccord Genuity - Buy, $146 target
  • JP Morgan - Buy, $141 target
  • Morgan Stanley - Buy, $135 target
  • Bernstein - Buy, $135 target
  • Cowen - Buy, $135 target
  • Argus - Buy, $135 target
  • Longbow - Outperform, $135 target
  • Nomura - Buy, $135 target
  • Barclays - Overweight, $131 target
  • Citi - Buy, $130 target
  • RBC Capital - Buy, $130 target
  • BMO Capital - Buy, $130 target
  • BTIG - Buy, $130 target
  • CLSA - Buy, $128 target
  • Pacific Crest - Overweight, $127 target
  • Bank of America Merrill - Buy, $125 target
  • Stifel Nicoluas - Buy, $120 target
  • Oppenheimer - Buy, $120 target
  • Deutsche Bank - Hold, $105 target
  • Raymond James - Hold

Doing a little math on the above price targets, the average sell-side price target on Apple sits at around $138. With shares of Apple closing Monday's trading session at just over $105, that average price target represents potential upside of about 31 percent.

Read more: http://www.benzinga.com/news/earnings/16/04/7881350/apple-q2-earnings-preview-every-analyst-recommendation-and-price-target#ixzz46xW2BFD6