Jefferies downgrades Apple to Underperform

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'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 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 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 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.
Investor Alert: Apple Price Target Downgraded, Here’s the New Lower Price
Today, hit a new four-month low, following a report from Bloomberg indicating the company has seen an 18% slide in iPhone sales in China during the holiday season. The stock is also reeling from two downgrades by Loop Capital and Jefferies.
Apple Shares Downgraded Over iPhone Sales
Apple whose share price is down nearly 9% in less than three weeks since the start of trading this year, now has analysts downgrading its overall share performance. Apple’s inability to stem falling iPhone sales in key markets such as China,
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
Why Apple Fell Even as the Market Rallied Today
Today, analysts at Jefferies and Loop Capital each downgraded their ratings on Apple.
Apple Stock Slapped With Another Sell Rating: What to Know
The latest Apple stock downgrade centers around iPhone sales and the weakening consumer electronics market. Here's what ...
Underperform rating for Apple stock as analyst cites expensive valuation and muted AI demand
Jefferies analysts downgraded Apple (NASDAQ:AAPL) stock from 'Hold' to 'Underperform' and reduced the price target to $200.75 ...
Why Apple (AAPL) Shares Are Trading Lower Today
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 4.1% in the morning session after Jefferies analyst Edison Lee ...
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Apple Slumps 4%+, Downgraded by Broker w/ Lower TP
Core Inflation Rate YoY Final for Dec in Euro Area is 2.7%, unchanged from its last period. The forecast was 2.8%. Inflation ...