Apple's ‘decidedly unattractive' outlook sparks rare bearish call on the stock
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An analyst has issued a rare bearish call on Apple's stock, suggesting a more than 20% downside due to negative developments, despite the stock price reflecting only positive news.
January 07, 2025 | 3:45 pm
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An analyst has issued a bearish call on Apple's stock, predicting a more than 20% downside due to accumulating negative developments, despite the stock price reflecting only positive news.
The analyst's bearish call is significant as it contrasts with the generally positive sentiment baked into Apple's stock price. The prediction of a 20% downside suggests that investors may need to reassess their positions in light of potential negative developments.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100