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Technology

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

Photo of Steven M. Peters
By Steven M. Peters Updated Published

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

 

[protected-iframe id=”67277e4d0415391b210d5d69b0497a78-5450697-130806395″ info=”https://finance.yahoo.com/video/apples-long-term-strategy-services-162500931.html?format=embed” width=”640″ height=”360″ frameborder=”0″ scrolling=”no”]

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

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