Add Goldman Sachs to the parade of investment firms that revised their price targets on Apple stock this week, following continued gains by the iPhone maker ahead of next week's Worldwide Developers Conference and 7-for-1 stock split.
Shares of Apple stock recently hit a 52-week low, but analysts at Goldman Sachs are still very optimistic about the company's fortunes, with one analyst saying AAPL is the most undervalued stock the firm covers.
iPhone and iPad users are so loyal to Apple and unlikely to switch to another platform that one analyst has pegged their total collective value at nearly $295 billion.
A new list from Goldman Sachs puts Apple at the top of a list of the most important stocks for hedge funds.
Goldman Sachs on Wednesday increased its price target for Apple stock to $750, and has advised investors to buy in prior to next week's earnings report.
Prominent investment firm Goldman Sachs resumed its coverage of Apple stock on Monday, kicking things off with a 12-month price target of $430 and a prediction that the company's gross margins have bottomed.
A team of analysts for investment bank Goldman Sachs said Monday that their sources lead them to believe Apple will introduce a second-generation iPad during the spring of 2011 that will feature a camera, mini USB and a lighter design.
Viacom's chief executive explained that Apple's 99 cent TV rental plan "doesn't work" for the company, while CBS is waiting to see the numbers for rentals of ABC and Fox show.
Financial analysts at Goldman Sachs report in graphic detail that Apple has inhaled the bulk of profits of the global mobile phone business with iPhone, and now appears poised to do the same in tablets with the iPad.
Shares of Apple slipped about 4 percent Monday after investment bank Goldman Sachs removed the company from its buy list for the first time in more than two years, citing concerns over consumer spending and a belief that Macworld Expo will not see the company embark on a major new product initiative.
Although this year's holiday shopping season is expected to present challenges for many consumer-oriented hardware companies, Apple is already showing signs of bucking the trend with Black Friday Mac sales reported to be better than expected.
Citi and Goldman Sachs have rebutted notions that Apple is in danger due to the US economic collapse and say that strong iPhone sales, new MacBooks and continued healthy growth should keep the company successful in the long term.
Citing high expectations for the next-generation iPhone leading up to and through its expected launch next month, investment bank Goldman Sach this week added Apple to its coveted Conviction Buy List and also upgraded its price target on the company to $220 per share.
Following a meeting with Apple chief operating officer Tim Cook earlier this week, investment bank Goldman Sachs reiterated a Buy rating on shares of the electronics maker, saying the company's industry leading product cycles should help it overcome softer seasonality and sets the stock up for s strong second half.
Investment Bank Goldman Sachs this week raised its price target on shares of Apple Inc., recommending that investors hang onto shares of the company at least through its upcoming Macworld Expo and fiscal first quarter earnings announcement.
After meeting with key component suppliers and manufacturers in Asia, researchers for investment bank Goldman Sachs said this week they believe Apple will introduce two revisions to the iPhone in 2008 — one minor, one major — in addition to an Apple TV overhaul during the second half of the year.
Shares of Mac maker Apple Inc. rose nearly 2 percent in morning trading on the Nasdaq stock market after an analyst for investment bank Goldman Sachs raised his price target on the company to $195 from $165.
Shares of gadget maker Apple Inc. rose $5.08 or more than 4.0 percent early Wednesday morning after investment bank Goldman Sachs issued a research note to clients, recommending they stock up on the company's shares ahead of next weeks' planned media event.
With most of the attention surrounding Apple's third quarter earnings on Wednesday focusing on iPhone metrics, several interesting revelations by members of the company's executive team have gone largely undocumented.
Several Wall Street analysts increased their price targets on shares of Apple Inc. Thursday, following a late-night surge in the gadget makers stock that saw its valuation surpass that of industry heavyweight Hewlett-Packard.
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