Macquarie analyst: Why I slashed my Apple target (video)

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First Ben Schachter cut his Apple price target to $188 from $222. Then he went on CNBC.


My take: Schachter seems to get Apple. Not having seen his note, I still don’t understand why he think Services is heading for rough patch in 2019.

See also: Macquarie slashes Apple price target on fear of slowing Services