Goldman’s Apple Call Is Latest Example of Analyst Caution
- As shares return near record levels, analysts are skeptical
- Goldman cut its price target, seeing risk to Apple earnings
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Goldman Sachs is growing concerned about Apple Inc., and it is not alone.
While shares of the iPhone maker have been stronger of late, the advance comes in contrast to a darker view toward the stock from analysts. Goldman is merely the latest example of growing caution as it cut its price target to one of the lowest on the Street.