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Jefferies downgrades Apple to Underperform
Apple Stock Falls as Jefferies Downgrades; JPM Lowers Price Target
KEY TAKEAWAYS Apple shares fell Tuesday after Jefferies downgraded the stock to an “underperform” from “hold” on Monday.Jefferies noted that flagging iPhone sales and weak demand for its artificial intelligence (AI) features in newer models would lead the tech giant to undershoot quarterly revenue forecasts.
Apple falls 2% to $225.04 after Jefferies cuts to sell, Loop to hold
EST Apple (AAPL) falls 2% to $225.04 after Jefferies cuts to sell, Loop to holdInvest with Confidence: Follow TipRanks' Top Wall Street
Apple stock hit with 2 downgrades on weak iPhone sales, AI outlook
Apple got hit with downgrades from Jefferies and Loop Capital on fears of slowing iPhone sales and a lack of demand around Apple Intelligence.
Jefferies Downgrades Apple (AAPL)
Fintel reports that on January 21, 2025, Jefferies downgraded their outlook for Apple (NasdaqGS:AAPL) from Hold to Underperform. Analyst Price Forecast Suggests 7.89% Upside As of December 23, 2024, the average one-year price target for Apple is $248.
Apple’s tough January worsens as analysts cut outlook on iPhone risk
Jefferies analyst Edison Lee writes that recent weakness in iPhone sales has been worse than expected, with the China market a particular concern.
Apple Stock Downgraded by Loop Capital and Jefferies Amid Concerns on Growth Prospects
Ananda Baruah, analyst from Loop Capital, downgraded Apple from "Buy" to "Hold," with a revised price target of $230, down from $275. The analyst concerned over iPhone demand reduction since March 2024.
Aapl stock: Apple gets another rating downgrade as analyst sees 13% downside
Jefferies downgraded the Apple stock to "underperform" from "hold" and lowered its price target to ₹200.75 from ₹211.84.
Apple stock falls after downgrade, and other movers
Apple shares are down 1.3% after Jefferies downgraded the tech giant from Hold to Underperform and reduced the price target from $211.84 to $200.75, citing weak iPhone sales. Shares of Walgreens Boots Alliance are falling 7% after the U.
Jefferies downgrades Apple to Underperform on ‘weak’ iPhone sales
Jefferies downgraded Apple (AAPL) to Underperform from Hold with a price target of $200.75, down from $211.84. The stock closed Friday up $1.72
Apple Stock Just Got Downgraded. Why This Analyst Is Worried.
Forecasts for weak iPhone sales and a weaker update of new artificial intelligence features prompted strategists led by Edison Lee to lower the rate to Underperform from Hold.
13h
on MSN
Apple's stock slumps nearly 5% after Jefferies, Loop Capital cut ratings
Earlier today, it was reported that Apple's (NASDAQ: AAPL) iPhone sales fell 18.2% in China in the fourth quarter of 2024, ...
9h
on MSN
Apple's China problems keep weighing on the stock
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for ...
18h
on MSN
Should you sell Apple’s stock? This analyst makes the case with 3 reasons.
Jefferies downgrades Apple’s stock, taking a cautious view on the next couple of quarters and on broader AI demand. Plus, ...
12h
on MSN
Why Apple Fell Even as the Market Rallied Today
Today, analysts at Jefferies and Loop Capital each downgraded their ratings on Apple.
8h
Apple: Wall Street firms downgrade stock as China growth slows
Wall Street's sentiment on Apple (AAPL) is turning bearish, with firms like Loop Capital and Jefferies downgrading the ...
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