Loop Capital Downgrades Apple Rating Over Weak Phone Sales

Loop Capital recently changed its rating on Apple from “Buy” to “Hold” because of weaker sales expectations. The investment firm cut its price target from $370 to $330. According to the firm, the tech giant will likely ship 13 million fewer smartphones in the second half of 2026 than previously planned. The firm also lowered its shipment forecast... Weiterlesen: Loop Capital Downgrades Apple Rating Over Weak Phone Sales