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Goldman Sachs raises its price target for Apple, citing overall market momentum (AAPL)
07/17/2019 General World News
Tim Cook Apple App Store

  • Goldman Sachs upgraded its Apple price target to $187 per share, up from $171, attributing the boost to updated calculations that reflect the S&P 500’s price-to-earnings ratio.
  • Apple stock last closed at $204.50 per share.
  • The investment bank also warned of lagging App Store revenues that could bite into Apple’s Services sector in its next earnings report.
  • Watch Apple trade live here.

Goldman Sachs upgraded its 12-month price target for Apple stock Wednesday on grounds of bolstered market strength.

The investment bank raised its Apple price target to $187 per share, up from $171. Apple closed Tuesday at $204.50 per read more >>>

Source:: BusinessInsider.Com

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