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 Stock May Fall As China IPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
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.
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.
Apple stock correction likely to extend- Fairlead Strategies
Apple stock is likely to experience more losses on Wednesday after dropping 3.2% on Tuesday. Shares are down 0.6% in ...
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, ...
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Should you sell Apple’s stock? This analyst makes the case with 3 reasons.
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