Despite raising its Apple price target just days before earnings, investment bank Goldman Sachs has recalibrated its forecasts and while still mostly positive, has now pulled the target back down to $360. That possibly premature rise before the report saw Goldman Sachs take its price target from $340 to $370. By trimming its price target, Goldman Sachs is echoing what Morgan Stanley has done following the earnings call. Cautiously optimisticDespite trimming its price target, Goldman Sachs still gives Apple a "Buy" rating. These are reasons why Goldman Sachs predicts that stocks will trade lower than they have, for a time at least.