Invest In Apple Stock Goldman Says
shutterstock

Invest In Apple Stock Goldman Says

Goldman sets a new price target for 199$

TradingNEWS Archive 3/6/2023 12:00:00 AM

Besides Glodman , TradingNEWS forcasts as well for an upcoming massive surge of AAPL stock.

Apple has blocked Meta and Google with several ways -

Apple introduced a new feature called App Tracking Transparency (ATT).

Apple has also implemented new limits on third-party data collection through its Safari web browser , and strengthened the encryption of user data across its devices.

All of the mentioned has attracted companies to transfer a decent amount of thier marketing budget to store marketing platfrom.

It means that revenue from App store marketing platfrom would impact positively the growth of sales as Apple caused that companies will have to use thier platform for marketing purposes as she blocked thier capabilities to track users in other 3rd party platform such as Google and Meta.  

After six years Goldman says to buy Apple stock with a price taget of 199$ after the last close was 169.61$ , Reflecting a surge of 32% .

Goldman explains that for the price target there are reasons of product designs that would create dependency for customers and would extend thier life time value as they would repeat on purchase and reduce number of leaving clients.