Morgan Stanley cuts Apple target to 355
Morgan Stanley lowered its Apple price target to 355 from 360.
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Morgan Stanley lowered its Apple price target to 355 from 360.
Apple unveiled its first foldable iPhone at $1,999 during Wednesday's "Surprise and Shine" event. Analysts said the lower-than-expected price could pressure hardware gross margins even as the device drew broad praise.
Morgan Stanley cuts AAPL price target
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 pri