Apple is down 0.07% at $119.92 a share following a downgrade by Barclays. Barclays downgraded the iPhone maker from "overweight" to "equal weight" and dropped itsprice target to $117 from $119. In a note sent to clients on Tuesday, Barclays analysts said they do not see "meaningful upside potential" in the stock. Ultimately, Barclays still believes that Apple is a good stock for long-term investors, especially given the company's large cash balance and products that retain customers from year-to...
Apple is down 0.07% at $119.92 a share following a downgrade by Barclays. Barclays downgraded the iPhone maker from "overweight" to "equal weight" and dropped itsprice target to $117 from $119. In a note sent to clients on Tuesday, Barclays analysts said they do not see "meaningful upside potential" in the stock. Ultimately, Barclays still believes that Apple is a good stock for long-term investors, especially given the company's large cash balance and products that retain customers from year-to...
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