While maintaining an "overweight" rating, a Barclays analyst reduced the firm’s price target for Apple stock from $121 to $115 on Friday, citing soft demand for smartphones along with expectations that Apple won’t rise above the fray.
Source: APPLE INSIDER
Barclays lowers AAPL target to $115 on overall problems in smartphone demand
ByA Word From Our Sponsor
Jul 15, 2016