Goldman Sachs has increased its AAPL price target to $370, with the firm expecting good third-quarter results, and a faithful audience keeping purchase volumes up even after hardware price increases.
Analysts believe Apple will do well in the Q3 results.
Ahead of Apple’s quarterly financial results release and call with analysts on Thursday, Goldman Sachs has raised its bar for Apple to reach.
In a note to investors seen by AppleInsider, issued on July 27, Goldman Sachs has increased the price target from $340 to $370.