Apple’s free cash flow = $62 billion in 'excess cash' onshore?
In a note to clients -- as reported by "Barron's" (http://macte.ch/MzvRK) -- Credit Suisse analyst Kulbinder Garcha says he's raised his Apple stock price target from US$550 to $600, saying his “deep dive” into Apple’s free cash flow could allow for $62 billion in “excess cash” onshore (as opposed to cash held overseas) over the next four years, providing for -- if Apple took that route -- a dividend and buybacks. read more...
Skrevet av: MacTech - Wednesday, 22 February
