
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…
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