Barclays Maintains Underweight on Apple, Lowers Price Target to $184
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Underweight rating on Apple and lowers the price target from $186 to $184.
November 01, 2024 | 1:48 pm
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NEGATIVE IMPACT
Barclays analyst Tim Long maintains an Underweight rating on Apple and lowers the price target from $186 to $184, indicating a cautious outlook.
The Underweight rating and lowered price target suggest a negative short-term outlook for Apple's stock. This could lead to a decrease in investor confidence and potential selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100