Jefferies downgrades Apple to Underperform

Apple Stock Falls as Jefferies Downgrades; JPM Lowers Price Target
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 Downgrades Apple (AAPL)
Fintel reports that on January 21, 2025, Jefferies downgraded their outlook for Apple (NasdaqGS:AAPL) from Hold to Underperform. Analyst Price Forecast Suggests 7.89% Upside As of December 23, 2024, the average one-year price target for Apple is $248.
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 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.
Should you sell Apple’s stock? This analyst makes the case with 3 reasons.
Jefferies downgrades Apple’s stock, taking a cautious view on the next couple of quarters and on broader AI demand. Plus, Counterpoint Research notes sluggish China performance.
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.
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.
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's stock slumps nearly 5% after Jefferies, Loop Capital cut ratings
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Apple's China problems keep weighing on the stock
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Apple: Wall Street firms downgrade stock as China growth slows
Wall Street's sentiment on Apple (AAPL) is turning bearish, with firms like Loop Capital and Jefferies downgrading the ...
Why Apple Fell Even as the Market Rallied Today
Shares of Apple (NASDAQ: AAPL) fell 4.1% on Tuesday, as of 12:30 p.m ET. Apple was downgraded by not one but two Wall Street ...