Friday's analyst calls: Street reacts to Apple buybacks and Coinbase earnings

Friday's analyst calls included widespread reaction to Apple's big buyback announcement along with some upgrades to Arista and Union Pacific. Wall Street reaction to the Apple announcement was mostly positive, with Morgan Stanley saying "it's hard not to be bullish" after the iPhone giant's earnings call Thursday. The reception wasn't quite as positive for Coinbase, with some analysts wondering whether the digital currency firm can maintain its early-year momentum.

is well positioned to capitalize on the investments it has made during the Crypto market winter, allowing it to scale to new highs as it benefits from new products." Barclays' Benjamin Budish : "The biggest question going forward is, how sustainable are these trends? April looks clearly weaker than March based on exchange data, ETF flows, asset prices, and Base activity .

of $1.01B versus our estimate of $699M and consensus's $607M. We believe adj.

Source: News Formal (newsformal.com)

Stock Markets Arista Networks Inc Apple Inc Union Pacific Corp Coinbase Global Inc Business News

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