Apple, Jefferies and Loop Capital

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 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.
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 Downgraded by Jefferies Amid Weak iPhone Sales and AI Concerns
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
Apple stock hit with two 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 dips after Jefferies cuts rating to Underperform
Jefferies downgraded Apple's (NASDAQ:AAPL) rating to Underperform from Hold noting that it expects results and guidance to miss estimates. Shares of Apple fell about 2% premarket on Tuesday. The firm also lowered the price target on the shares to $200.
Jefferies cuts New Oriental Education stock target to $73
Jefferies analyst firm revised its price target for New Oriental Education & Technology Group Inc. (NYSE:EDU) stock, lowering ...
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Jefferies Issues Hold Rating for Pinterest Inc (PINS) Stock
Pinterest Inc (PINS) stock saw a modest uptick, ending the day at $30.53 which represents a slight increase of $0.14 or 0.46% from the prior close of $30.39. The stock opened at $30.78 and touched a ...
Genpact upgraded to Buy from Hold at Jefferies
Jefferies upgraded Genpact (G) to Buy from Hold with a price target of $55, up from $44, ahead of the Q4 report. The firm has greater ...
Jefferies' profit jumps on investment banking windfall
Jefferies Financial's profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising ...
Stock to buy today: Citi sees 17% upside in Paytm; Jefferies maintain buy on Dalmia Bharat
Brokerage firms remain optimistic about Dalmia Bharat, KEI Industries, and Paytm despite sectoral challenges. Jefferies ...
GE HealthCare Stock Gains After Jefferies Analysts Name It 'Franchise Pick'
GE HealthCare Technologies shares gained Wednesday after Jefferies analysts called the stock a “franchise pick” and made a ...
Newgen Software shares plunge 16% following Jefferies downgrade
At 2:40 PM, shares of Newgen Software were trading down 13.5 percent at Rs 1,182. The stock has lost over 22 percent of its ...
Jefferies Reaffirms Their Buy Rating on Boeing (BA)
In a report released today, Chloe Lemaire from Jefferies maintained a Buy rating on Boeing (BA – Research Report), with a price target of ...