Apple Stock Drops as Jefferies Downgrades Rating and Price Target
The stock market opened on August 10th with Apple Inc's shares experiencing a decline of 1.3%. Analysts at Jefferies downgraded their rating for Apple from 'Hold' to 'Underperform', simultaneously lowering their price target from $285.56 to $263.66.
Gate's financial data showed the drop in Apple's stock, with the company's shares currently trading at $307.73 after a 1.7% decrease.