Ben Sparham

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Ben Sparham
Ben Sparham
Apple Downgraded 🔻

Apple Downgraded 🔻

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Ben Sparham
Jan 21, 2025
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Ben Sparham
Ben Sparham
Apple Downgraded 🔻
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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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