Apple’s (AAPL) iPhone Strength and Services Growth Drive Higher Price Target From Goldman Sachs

Apple Inc. (NASDAQ:AAPL) is one of the Trending AI Stocks on Wall Street’s Radar. On October 21, Goldman Sachs reiterated the stock as ‘Buy” and raised its price target on Apple to $279 per share from $266. The price target raise comes ahead of earnings on October 30. Goldman Sachs expects the tech giant to exceed revenue and earnings estimates for the quarter. The anticipated revenue and earnings beat will likely be driven by strong iPhone performance with an estimated 10% year-over-year growth. Pixaba ...