Apple Stock Drops on Downgrade. Why This Analyst Is Worried.
Analysts at Barclays reduce their rating on Apple stock to Underweight from Equal Weight. They have a price target of $160.
Stay updated with breaking news from Tim Long. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Analysts at Barclays reduce their rating on Apple stock to Underweight from Equal Weight. They have a price target of $160.
Stock outperformed in 2023 despite posting four straight quarters of declining sales. But without positive catalysts, it is likely to drop in 2024, a Wall…
Price cuts for many Canadian oil producers; Apple downgraded
Barclays analysts think that weak iPhone 15 sales may be a harbinger of weak hardware and iPhone 16 sales in the year ahead.
Shares of Apple Inc. are starting 2024 with a selloff, after Barclays analyst Tim Long said it was "time for a breather," citing weak hardware sales as...