$Apple(AAPL)$ Goldman Sachs re

$Apple(AAPL)$ Goldman Sachs reiterated a Buy rating and a $330 share price target on AAPL. The bank examined the firm’s App Store performance in its coverage. It noted that App Store spending trends were improving, with spending growth of 7% in one month accelerating by one percentage point over the previous month's 6% growth. Goldman added the App Store growth should contribute meaningfully to Apple’s Services business. Along with Goldman Sachs, Bernstein also expressed a positive view on the firm. It reiterated an Outperform rating and a $325 share price target. Bernstein cited Apple’s record iPhone revenue and optimistic growth guidance, pointing out that the firm was navigating the turmoil in the memory industry appropriately.

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