Jefferies downgrades Apple investment rating; shares fall about 2.2%

1. 1Apple (AAPL) shares fell about 2.2% in Monday's regular session after Jefferies downgraded its investment rating
2. 2Analyst Edison Lee downgraded from Hold and cut the target price from $285.56 to $263.66
3. 3Attention turns to the September unveiling amid cooling expectations for the all-glass commemorative iPhone, memory costs, and concerns over a slow AI rollout

Source GuruFocus.com +1 · View original ↗

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