$AAPL - GOLDMAN CUTS APPLE PT ON SOFTER OUTLOOK Goldman Sachs cut its Apple price target to $360 from $370, while maintaining a Buy rating.…
$AAPL - GOLDMAN CUTS APPLE PT ON SOFTER OUTLOOK
Goldman Sachs cut its Apple price target to $360 from $370, while maintaining a Buy rating.
The firm said Q3 results were largely in line, but weaker-than-expected Q4 guidance on revenue growth and margins weighed on the outlook. Goldman expects sentiment to improve as price increases, new AI features and product launches support revenue and margins.