Jefferies' bearish Apple stock guesswork continues with iPhone 18-related downgrade

AppleInsider
Oct 3, 2025, 12:15 pm329 pts
A historically bearish analyst firm who's been underwater on Apple stock for years has downgraded the stock to underperform, arguing that investors are placing too much faith in the upcoming iPhone 18. Analysts don't agree on iPhone 18 Jefferies analyst Edison Lee trimmed Apple's price target to $205.16 from…

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