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Goldman Sachs Adds Apple (AAPL) to Conviction Buy List; Sees Mutli-Year Monetization Opportunity

Goldman Sachs adds Apple (NASDAQ: AAPL) to its Conviction Buy List with a price target of $163.

Analyst Simona Jankowski noted that Apple stock trades at a 30 percent discount to the S&P 500 multiple.

Jankowski also sees the market shift...