Jefferies downgrades Apple to Underperform

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.
Jefferies Downgrades Apple (AAPL)
Fintel reports that on January 21, 2025, Jefferies downgraded their outlook for Apple (NasdaqGS:AAPL) from Hold to Underperform. Analyst Price Forecast Suggests 7.89% Upside As of December 23, 2024, the average one-year price target for Apple is $248.
Apple Stock May Fall As China iPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
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 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.
Jefferies downgrades Apple to Underperform on ‘weak’ iPhone sales
Jefferies downgraded Apple (AAPL) to Underperform from Hold with a price target of $200.75, down from $211.84. The stock closed Friday up $1.72
Aapl stock: Apple gets another rating downgrade as analyst sees 13% downside
Jefferies downgraded the Apple stock to "underperform" from "hold" and lowered its price target to ₹200.75 from ₹211.84.
Apple stock falls after downgrade, and other movers
Apple shares are down 1.3% after Jefferies downgraded the tech giant from Hold to Underperform and reduced the price target from $211.84 to $200.75, citing weak iPhone sales. Shares of Walgreens Boots Alliance are falling 7% after the U.
Apple Stock Just Got Downgraded. Why This Analyst Is Worried.
Forecasts for weak iPhone sales and a weaker update of new artificial intelligence features prompted strategists led by Edison Lee to lower the rate to Underperform from Hold.
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, ...
Apple's China problems keep weighing on the stock
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for ...
Should you sell Apple’s stock? This analyst makes the case with 3 reasons.
Jefferies downgrades Apple’s stock, taking a cautious view on the next couple of quarters and on broader AI demand. Plus, ...
Apple: Wall Street firms downgrade stock as China growth slows
Wall Street's sentiment on Apple (AAPL) is turning bearish, with firms like Loop Capital and Jefferies downgrading the ...
Apple stock correction likely to extend- Fairlead Strategies
Apple stock is likely to experience more losses on Wednesday after dropping 3.2% on Tuesday. Shares are down 0.6% in ...
24/7 Wall St7h
Apple Stock Tanked—Should You Buy Before January 30 Earnings?
Shares of Apple (NASDAQ:AAPL) are souring fast, with the iPhone maker plummeting into correction territory (down just north ...
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 ...
Why Apple Fell Even as the Market Rallied Today
Shares of Apple (NASDAQ: AAPL) fell 4.1% on Tuesday, as of 12:30 p.m ET. Apple was downgraded by not one but two Wall Street ...