Goldman Sachs analysts on Apple stock: Dump. It.

Goldman Sachs analysts on Apple stock: Dump. It.


Goldman Sachs says investors should dump their Apple stock before the coronavirus pandemic truly affects its bottom line, as its analysts downgraded the iPhone maker to a “sell” rating on Friday. The investment bank, which manages some $1.8 trillion in assets, said it expects iPhone shipments to slow by 36% during the third quarter of this year. [Read: Apple’s new $399 iPhone SE couldn’t have come at a worse time] Finance portal MarketWatch reported Goldman had revised its target for Apple stock to $233, down from $250, and nearly 20% below current prices. $AAPL fell slightly at Friday’s market open, down…

This story continues at The Next Web

Or just read more coverage about: Apple
  1. No comment added yet!
  2. Leave Your Comment

    Your email address will not be published. Required fields are marked *

AtSign Innovations