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Goldman Sachs Reiterates Buy Rating on Apple (AAPL)
March 3, 2025 11:45 AM ESTGoldman Sachs analyst Michael Ng reiterated a Buy rating and $294.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "February 2025 Apple App Store Spending increased 9% yoy, resulting in C1Q25 to-date App Store spending up 13% yoy, per Sensor Tower. This is ahead of consensus (FactSet) estimates for AAPL's F2Q25E (C1Q25) Services revenue growth of +12% yoy (but in-line with our estimate of +13% yoy). We... More
