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JP Morgan lowers Apple price target on supply constraint worries, still bullish long-term
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JP Morgan lowers Apple price target on supply constraint worries, still bullish long-term
While price increases didn't worry the investors at JP Morgan, ongoing supply chain constraints will have a short-term impact, and thus their new price target is $340.Apple's record-breaking quarter wasn't enough to keep investors from worryingIt's been a bumpy few months for Apple thanks to RAM shortages, price increases, and supply constraints. Investors expect that these problems will continue through December even if Apple finds ways to coun…
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
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100% Center
C 100%
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