Rosenblatt Downgrades Apple to Neutral, Maintains $198 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett has downgraded Apple (NASDAQ:AAPL) from Buy to Neutral, while maintaining a price target of $198.
August 04, 2023 | 3:08 pm
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Apple's stock has been downgraded from Buy to Neutral by Rosenblatt, with a maintained price target of $198.
Analyst ratings often influence investor sentiment and can impact stock prices. A downgrade from Buy to Neutral suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100