Wedbush slashes Apple price target from $400 to $335
On Wednesday, Wedbush analyst, and Apple bull, Daniel Ives slashed Apple price target to $335 from $400 due to concerns about, you guessed it: the global COVID-19 coronavirus pandemic.
Emily Bary for MarketWatch:“From a stock and valuation perspective, we believe investors are best off stress testing the models and FY21 estimates to gauge what level of revenue/EPS Cupertino can deliver under an economic scenario which goes through a deep recession over the next few quarters and starts to s
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