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Apple, Jefferies and Loop Capital
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'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, while the resurgent Chinese rival Huawei Technologies took the top spot, according to Counterpoint Research. Apple is slated to report its fiscal first quarter results on Jan. 30.
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.
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 Downgraded by Jefferies Amid Weak iPhone Sales and AI Concerns
Jefferies analysts downgraded Apple (NASDAQ:AAPL) stock to Underperform from Hold, reducing the price target to $200.75 from $211.84, signaling a potential 13% downside. The downgrade reflects concerns over Apples
1h
on MSN
Jefferies Upgrades Genpact Limited (G) to Buy, Citing Accelerated Growth in Data-Tech-AI and Digital Operations Segments
We recently compiled a list of the 10 AI News You Should Not Miss. In this article, we are going to take a look at where ...
23h
Genpact upgraded to Buy from Hold at Jefferies
Jefferies upgraded Genpact (G) to Buy from Hold with a price target of $55, up from $44, ahead of the Q4 report. The firm has greater ...
bovnews
11h
Jefferies Issues Hold Rating for Pinterest Inc (PINS) Stock
Pinterest Inc (PINS) stock saw a modest uptick, ending the day at $30.53 which represents a slight increase of $0.14 or 0.46% from the prior close of $30.39. The stock opened at $30.78 and touched a ...
13d
Jefferies' profit jumps on investment banking windfall
Jefferies Financial's profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising ...
4h
Stock to buy today: Citi sees 17% upside in Paytm; Jefferies maintain buy on Dalmia Bharat
Brokerage firms remain optimistic about Dalmia Bharat, KEI Industries, and Paytm despite sectoral challenges. Jefferies ...
13d
on MSN
GE HealthCare Stock Gains After Jefferies Analysts Name It 'Franchise Pick'
GE HealthCare Technologies shares gained Wednesday after Jefferies analysts called the stock a “franchise pick” and made a ...
23h
Newgen Software shares plunge 16% following Jefferies downgrade
At 2:40 PM, shares of Newgen Software were trading down 13.5 percent at Rs 1,182. The stock has lost over 22 percent of its ...
23h
Jefferies Reaffirms Their Buy Rating on Boeing (BA)
In a report released today, Chloe Lemaire from Jefferies maintained a Buy rating on Boeing (BA – Research Report), with a price target of ...
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