Keybanc Downgrades Apple to Underweight, Announces $200 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Brandon Nispel has downgraded Apple (NASDAQ:AAPL) from Sector Weight to Underweight, setting a price target of $200.
October 25, 2024 | 4:20 pm
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Keybanc analyst Brandon Nispel downgraded Apple from Sector Weight to Underweight, setting a price target of $200.
The downgrade from Sector Weight to Underweight by Keybanc suggests a negative outlook on Apple's stock performance. The $200 price target indicates a potential downside from current levels, which could lead to short-term selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100