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.
Apple gets another rating downgrade: analyst sees 13% downside
Jefferies has issued a stark warning for Apple investors, downgrading the stock to “underperform” from “hold” and lowering its price target to ₹200.75 from ₹211.84, as per a CNBC report. This new target implies a potential downside of 13% from Apple’s current market price.
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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 ...
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