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Goldman, BofA Stay Bullish on Apple Earnings as JPMorgan Flags CEO Transition
Goldman Sachs, Bank of America, JPMorgan and Wedbush kept bullish Apple views ahead of Thursday’s earnings, with price targets ranging from $325 to $350, while UBS stayed neutral at $287. Analysts expect fiscal Q2 revenue of about $109.5 billion and EPS of $1.92–$1.94, and JPMorgan said the call may shift attention to Apple’s planned CEO transition on September 1.