Apple got hit with downgrades from Jefferies and Loop Capital on fears of slowing iPhone sales and a lack of demand around ...
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Jefferies analyst Edison Lee downgraded the investment bank's rating on Apple's (AAPL) stock to Underperform and decreased his price target by 13% to $200.75 on Monday. Loop Capital also ...
Analyst warns investors to be cautious about Apple stock despite great products, citing challenges and high valuation.
Just 8.5% of the analysts tracked by Bloomberg have a bearish rating, while about 63% have the equivalent of a buy. Jefferies analyst Edison Lee writes that recent weakness in iPhone sales has ...