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Apple, Jefferies and Loop Capital

Apple Stock Falls as Jefferies Downgrades; JPM Lowers Price Target

KEY TAKEAWAYS Apple shares fell Tuesday after Jefferies downgraded the stock to an “underperform” from “hold” on Monday.Jefferies noted that flagging iPhone sales and weak demand for its artificial intelligence (AI) features in newer models would lead the tech giant to undershoot quarterly revenue forecasts.

Seeking Alpha on MSN · 20h

Apple's stock slumps nearly 5% after Jefferies, Loop Capital cut ratings

Earlier today, it was reported that Apple's (NASDAQ: AAPL) iPhone sales fell 18.2% in China in the fourth quarter of 2024, while the resurgent Chinese rival Huawei Technologies took the top spot, according to Counterpoint Research. Apple is slated to report its fiscal first quarter results on Jan. 30.

YAHOO!Finance · 22h

Apple Stock Downgraded by Loop Capital and Jefferies Amid Concerns on Growth Prospects

Ananda Baruah, analyst from Loop Capital, downgraded Apple from "Buy" to "Hold," with a revised price target of $230, down from $275. The analyst concerned over iPhone demand reduction since March 2024.

Business Insider · 1d

Apple falls 2% to $225.04 after Jefferies cuts to sell, Loop to hold

EST Apple (AAPL) falls 2% to $225.04 after Jefferies cuts to sell, Loop to holdInvest with Confidence: Follow TipRanks' Top Wall Street

AOL · 19h

Apple stock hit with two downgrades on weak iPhone sales, AI outlook

Apple got hit with downgrades from Jefferies and Loop Capital on fears of slowing iPhone sales and a lack of demand around Apple Intelligence.

36mon MSN

Jefferies sees Alliant Energy stock as fairly valued amid evolving regulatory uncertainties

Jefferies analyst Julien Dumoulin-Smith adjusted the price target for Alliant Energy stock (NASDAQ:LNT), reducing it to $66 ...

Jefferies Sticks to Its Buy Rating for Netflix (NFLX)

In a report released today, James Heaney CFA from Jefferies maintained a Buy rating on Netflix (NFLX – Research Report), with a price target of ...

13d

Jefferies' profit jumps on investment banking windfall

Jefferies Financial's profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising ...

bovnews15h

Jefferies Issues Hold Rating for Pinterest Inc (PINS) Stock

Pinterest Inc (PINS) stock saw a modest uptick, ending the day at $30.53 which represents a slight increase of $0.14 or 0.46% from the prior close of $30.39. The stock opened at $30.78 and touched a ...

Traders Magazine1d

Jefferies Raises $10m to Support Los Angeles Wildfire Relief

Jefferies announced that it will donate $10 million to charities providing aid for first responders and the people and ...

Nvidia Tops Jefferies' "Magnificent Seven" Rankings, Microsoft Trails Behind

Nvidia ( NVDA, Financial) is the top performer of the ' Magnificent Seven' said Jefferies on Friday, while Microsoft ( MSFT, Financial) is last. The group was evaluated based on quantitative factors, ...