Citigroup Maintains Buy on Apple, Lowers Price Target to $175

Citigroup analyst Jim Suva maintains Apple (NASDAQ:AAPL) with a Buy and lowers the price target from $200 to $175.

Citigroup analyst Jim Suva maintains Apple (NASDAQ:AAPL) with a Buy and lowers the price target from $200 to $175.

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U.S. index futures are modestly higher in early trading on Monday, suggesting that the upward momentum remains intact, albeit laced with caution. Traders will likely scan speeches by Federal Reserve officials for confirmation regarding rate trajectory. The global markets have taken development in the Middle East in their stride, underlining their resilience.

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