Apple (AAPL) CEO Tim Cook cashes in $41 million from latest stock sale

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Go back to Apple (AAPL) CEO Tim Cook cashes in $41 million from latest stock sale

Apple (AAPL) stock dips as KeyBanc downgrades on valuation, 'soft growth' outlook

October 4, 2023 5:00 AM EDT

KeyBanc analyst Brandon Nispel downgraded Apple (NASDAQ: AAPL) shares to Sector Weight from Overweight.

As a result, Apple stock traded 1.2% lower in early New York trading on Wednesday.

The downgrade call on Apple stock is based on several factors:

Valuation: AAPL is currently trading at near all-time high multiples and carries a significant premium compared to historical levels and the Nasdaq index. This... More

KeyBanc Downgrades Apple (AAPL) to Sector Weight

October 3, 2023 7:18 PM EDT

KeyBanc analyst Brandon Nispel downgraded Apple (NASDAQ: AAPL) from Overweight to Sector Weight.

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $173.75 yesterday.

... More