Apple downgraded to Underperform by Jefferies; price target cut to $263.66
Jefferies downgraded Apple to Underperform from Hold, cut PT to $263.66 (16% downside), citing cancellation of all-glass iPhone due to yield issues and rising memory costs.
News sentiment35 · Bearish
Market impact60/100
Event statedeveloping
The headline is open. The market meaning goes deeper.
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