Apple slides to eight-week low after second rating downgrade in a week

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Go back to Apple slides to eight-week low after second rating downgrade in a week

JPMorgan Looking for a Floor on Apple (AAPL)

January 8, 2024 6:04 AM EST

JPMorgan analyst William Yang reiterated an Overweight rating and $225.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "Share price back to Sep 2023 (pre iPhone 15 launch) levels following round trip on macro optimism. AAPL shares have had tough start to the... More

Another red flag for Apple? Biggest supplier Foxconn notes slower market demand in Q4

January 5, 2024 5:39 AM EST

Apple (NASDAQ: AAPL) shares are facing their fifth consecutive session of declines, marking a challenging start to 2024.

Despite a remarkable 50% rally in the previous year, concerns over iPhone demand have led to a 5.5% drop in share value, erasing over $160 billion in market... More