Loop Capital Downgrades Apple to Hold, Announces $180 Price Target
Portfolio Pulse from richadhand@benzinga.com
Loop Capital analyst Ananda Baruah downgrades Apple (NASDAQ:AAPL) from Buy to Hold and announces a $180 price target.
May 22, 2023 | 10:42 am
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Apple has been downgraded from Buy to Hold by Loop Capital, with a new price target of $180.
The downgrade from Buy to Hold by Loop Capital indicates a less optimistic outlook for Apple's stock in the short term. The new price target of $180 may also suggest limited upside potential, which could negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100