GT Advanced price target raised to $24 from $20 at Goldman Goldman believes GT Advanced's Apple opportunity continues to build momentum but believes core equipment is underappreciated and is incrementally more positive on its ability to monetize new equipment technology. Shares are Buy rated with a $24 price target raised from $20.
News For GTAT From The Last 14 Days
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Apple iPhone 6 with sapphire to be limited by production issues, LEDinside says Analysis of Apple's (AAPL) iPhone 6 supply chain indicates component suppliers have to start shipping products to OEMs for assembly in June to meet the September launch date, but LEDinside said its research did not discover demands for smartphone cover glass. "The sapphire glass version iPhone 6 will be issued in limited volumes this year," the periodical contends. Note that GT Advanced is a parter to Apple and sapphire supplier to the tech giant. Reference Link