Apple Downgraded 🔻
Apple had a rough day as its stock fell about 5% on Tuesday, moving closer to its 200-day moving average of $217.02.
The decline came after two major downgrades—Jefferies shifted its rating to Underperform from Hold, and Loop Capital dropped its rating to Hold from Buy with a $230 price target.
Jefferies analysts, led by Edison Lee, lowered their price t…
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