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Apple’s (AAPL) prospects are looking up as the consumer electronics firm shifts from a transactional business model around selling its latest hardware to a recurring revenue model, Goldman Sachs analyst Simona Jankowski said in a report Wednesday. Jankowski added Apple to Goldman’s Conviction Buy List with a price target of 163. Apple stock was up 2.6% to near 117 in afternoon trading on the stock market today. “We expect that over the next year, Scalper1 News
Scalper1 News