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.

Today, analysts at Jefferies and Loop Capital each downgraded their ratings on Apple.

The latest Apple stock downgrade centers around iPhone sales and the weakening consumer electronics market. Here's what investors need to know.

Shares of Apple (AAPL), the most valuable publicly traded company in the world, have received a rare “sell” rating from a prominent Wall Street firm. Concerns over weak iPhone sales have led analysts at Jefferies Financial Group (JEF) to downgrade

Apple got hit with downgrades from Jefferies and Loop Capital on fears of slowing iPhone sales and a lack of demand around Apple Intelligence.

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.

Wall Street's sentiment on Apple (AAPL) is turning bearish, with firms like Loop Capital and Jefferies downgrading the smartphone giant. Creative Strategies CEO and principal analyst Ben Bajarin joins Market Domination to share his perspective on the company's outlook.

Core Inflation Rate YoY Final for Dec in Euro Area is 2.7%, unchanged from its last period. The forecast was 2.8%. Inflation Rate YoY Final for Dec in Euro Area is 2.4%, higher than the previous value of 2.2%. The forecast was 2.4%.

Jefferies analysts downgraded Apple (NASDAQ:AAPL) stock from 'Hold' to 'Underperform' and reduced the price target to $200.75 from the previous $211.84. The firm's assessment of the $3.46 trillion tech giant comes as InvestingPro data shows the stock trading at $229.

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

Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 4.1% in the morning session after Jefferies analyst Edison Lee downgraded the stock's rating from Hold to Sell, and echoed concerns about weak iPhone sales.