Apple Downgrades Are Piling Up. The Latest One Hit the Stock Harder.
Strategists at Barclays, led by Tim Long, changed their rating on Apple stock to Underweight from Equal Weight.
Source: marketwatch.com
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Barclays says iPhone 16 won't have any compelling features
Investment analysts at Barclays say that the 2024 iPhone 16 range won't reverse what it sees as falling iPhone demand, and consequently has lowered its stock price target.
Source: appleinsider.com
Tech Titans Tumble: 'Magnificent Seven' Shed $250 Billion in Market Cap On 2024 Day One - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
The Magnificent Seven's market cap plunged by $250 billion in the first trading session of the year, led by Apple Inc.'s 4% drop and a sell call from Barclays analyst Tim Long.
Source: benzinga.com
Apple shares swoon after Barclays downgrade
Apple shares fell more than 3% after Barclays downgraded the stock and trimmed its price target on what it sees as weakening iPhone 15 sales…
Source: macdailynews.com
ASX 200 LIVE: ASX Shares set to drop amid a tech-led sell-off in New York; Apple sinks on downgrade; Infratil's CDC affirms guidance; US dollar boosted by higher yields
Shares set to drop amid a tech-led sell-off in New York; Apple sinks on downgrade; Infratil’s CDC affirms guidance; US dollar boosted by higher yields. Follow updates here.
Source: afr.com