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Apple Falls Midday; Goldman Cuts Price Target By Investing.com




Investing.com – Apple (NASDAQ 🙂 fell in midday trading Friday after the Goldman Sachs (NYSE 🙂 price target was reduced to $ 165 from $ 187.

Apple lost 1.8%.

Analyst Rod Hall maintained its neutral rating on the company, but noted that the plan to offer a trial period for Apple TV + is likely to have a negative impact on revenue.

Apple announced this week that it plans to offer its one-year free streaming service with the purchase of specific hardware. Incidentally, the service is priced at $ 4.99 per month.

Streaming services Netflix (NASDAQ 🙂 received 2.3% dinner and Walt Disney (NYSE 🙂 increased 0.4%.

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