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Apple, Jefferies
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 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
1d
Apple (NASDAQ:AAPL) Cut to Underperform at Jefferies Financial Group
Jefferies Financial Group downgraded shares of Apple (NASDAQ:AAPL – Free Report) from a hold rating to an underperform rating ...
7h
on MSN
Apple faces a 'fork in the road year,' analysts say
As a result, the securities firm maintained its “Outperform” rating and $325 price target “With Apple Intelligence being ...
2d
on MSN
Why Apple Fell Even as the Market Rallied Today
Today, analysts at Jefferies and Loop Capital each downgraded their ratings on Apple.
2d
on MSN
Apple Stock Slapped With Another Sell Rating: What to Know
The latest Apple stock downgrade centers around iPhone sales and the weakening consumer electronics market. Here's what ...
2d
Why Apple (AAPL) Shares Are Trading Lower Today
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 4.1% in the morning session after Jefferies analyst Edison Lee ...
2d
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 ...
1d
on MSN
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 ...
2d
Analysts Cut iPhone Price Target Amid Slowing Demand
According to the findings, both iPhone 17 and 18 performed below expectations, AI adoption grew more slowly than hoped, and ...
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