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Goldman Sachs & Bernstein Set Apple Price Targets at $330 & $325
Asymco· 2026-02-09 12:26
Core Viewpoint - Investment banks Goldman Sachs and Bernstein have both issued positive ratings and price targets for Apple Inc., highlighting its strong performance and growth potential in the App Store and iPhone revenue. Group 1: Goldman Sachs Analysis - Goldman Sachs reiterated a Buy rating for Apple Inc. with a price target of $330 [1] - The bank noted that App Store spending trends improved, with spending growing by 7% in January, an acceleration from December's 6% growth [1] - Goldman Sachs emphasized that the growth in the App Store should significantly contribute to Apple Inc.'s Services business [1] Group 2: Bernstein Analysis - Bernstein maintained an Outperform rating for Apple Inc. with a price target of $325 [2] - The firm highlighted Apple Inc.'s record iPhone revenue as a key factor in its positive outlook [2] - Bernstein pointed out that Apple Inc. is effectively navigating challenges in the memory industry, indicating strong management and strategic positioning [2]