Goldman Sachs Cuts Apple Price Target to $360 on Softer Outlook
Goldman Sachs has lowered its price target for Apple (AAPL) to $360 from $370, while maintaining a Buy rating. The firm cited weaker-than-expected Q4 guidance on revenue growth and margins as the reason for the adjustment, despite Q3 results being largely in line. Goldman Sachs anticipates sentiment to improve with future price increases, new AI features, and product launches.
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