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 (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 in a research note issued to investors on Tuesday, MarketBeat reports. Jefferies Financial Group currently has $200.
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 investors need to know.
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 slides after two ratings downgrades
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.
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.
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 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 ...
Why Apple Fell Even as the Market Rallied Today
Today, analysts at Jefferies and Loop Capital each downgraded their ratings on Apple.
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 ...
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 ...
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Investor Alert: Apple Price Target Downgraded, Here’s the New Lower Price
Today, hit a new four-month low, following a report from Bloomberg indicating the company has seen an 18% slide in iPhone ...
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Jefferies to leverage Propellant Digital’s data solutions
This collaboration has helped us to make more informed decisions and stay competitive in an evolving landscape,” said Angela Lobo, head of eSales and sales chief operating officer, Jefferies.
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 ...
Jefferies tmt analyst holds an analyst/industry conference call
China Tech & Telecom Analyst Lee and TMT Specialist Beavington discuss the Apple (AAPL) downgrade on an Analyst/Industry conference call to ...