Goldman Sachs Maintains Apple Buy Rating at $360

Goldman Sachs analyst Michael Ng has maintained Apple's (AAPL.US) buy rating and target price of $360. The analyst, who boasts a success rate of 66.7% and an average return of 1.9% over the past year according to TipRanks data, sees significant upside in Apple's shares.

TipRanks is an independent third-party platform that provides analysis data from financial analysts and calculates their performance metrics. Ng's ratings are considered successful if they result in a positive return for TipRanks' virtual portfolio based on his preliminary rating and adjustments made to it over time.