Apple price target lowered to $256 from $259 at Goldman Sachs
Goldman Sachs lowered the firm's price target on Apple (AAPL) to $256 from $259 but keeps a Buy rating on the shares ahead of its Q2 results. Apple should deliver strong fundamental results driven by new product innovation and resulting channel fill, sell-through pull-forward on tariff-related price increase concerns, rising U.S. carrier competitive intensity, and solid Services performance, the analyst tells investors in a research note.
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