Jefferies Financial Group downgraded shares of Apple (NASDAQ:AAPL – Free Report) from a hold rating to an underperform rating in a research note issued to investors on Tuesday, MarketBeat reports. Jefferies Financial Group currently has $200.
Update: The story was updated with Loop Capital's rating action on Apple and stock price movement. Jefferies downgraded Apple's (NASDAQ:AAPL) rating to Underperform from Hold noting that it expects results and guidance to miss estimates. In addition ...
Apple Inc. was downgraded to perform from outperform at Oppenheimer, in the latest sign of caution building ahead of the company’s results.
Today, analysts at Jefferies and Loop Capital each downgraded their ratings on Apple.
Jefferies analyst Edison Lee maintained a Sell rating on Apple (AAPL – Research Report) today and set a price target of $202.33. The company’s
In a rare move, analysts at Jefferies downgraded one of the largest companies in the world, Apple (NASDAQ: AAPL), to underperform. Wall Street analysts are known for being bullish, so underperform and sell ratings tend to make up only a small percentage of overall analyst ratings.
According to estimates by IDC and Canalys, overall iPhone market share fell 1% year over year in Q4 to 23% despite the broader market for smartphone shipments increasing by 3%. Apple kicked off its big AI push in October, releasing the first raft of its Apple Intelligence updates.
EST Apple (AAPL) falls 2% to $225.04 after Jefferies cuts to sell, Loop to holdInvest with Confidence: Follow TipRanks' Top Wall Street
Investing.com -- Jefferies analysts downgraded Apple stock to Underperform from Hold on Monday as they expect the tech giant to miss both earnings and guidance targets in its upcoming fiscal Q1 2025 report. The company's shares fell around 1% in premarket trading Tuesday.
Today, hit a new four-month low, following a report from Bloomberg indicating the company has seen an 18% slide in iPhone sales in China during the holiday season. The stock is also reeling from two downgrades by Loop Capital and Jefferies.
Apple shares fell Tuesday after Jefferies downgraded the stock to an “underperform” from “hold” on Monday, noting 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.
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