JPMorgan Chase Reduces Apple's Stock Price Target to $230, Citing Sluggish iPhone and Services Performance
4 day ago / Read about 0 minute
Author:小编   

In a report to investors, JPMorgan Chase has revised its price target for Apple shares downward, from $240 to $230. This adjustment mirrors the bank's tempered expectations for Apple's revenue and earnings over the next 18 months. The report cautions that following an initial surge in demand, market enthusiasm for upcoming iPhone models has subsided, suggesting a potential slowdown in iPhone demand.