Apple Shares Lower After House Committee Seeks Records, Analyst Cuts Price Target
September 13 2019 - 1:26PM
Dow Jones News
By Stephen Nakrosis
Apple Inc. (AAPL) shares are trading lower in Friday's market,
following news U.S. lawmakers are seeking emails from tech
executives and after Goldman Sachs cut the company's price
target.
At 12:46 p.m. ET, the company's shares were trading 2.51% lower
at $217.49. Volume was over 20 million shares.
Apple was among the tech companies who were asked by the House
Judiciary Committee examining the industry to provide documents,
including emails, financial statements and executive
communications.
Before the bell Friday, Goldman Sachs cut its price target on
Apple to $165 from $187 a share, as reported by Benzinga.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 13, 2019 13:11 ET (17:11 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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