Loop Capital slashes Apple price target to $170 on weak iPhone sales

MacDailyNews
Apr 1, 2024, 2:09 pm428 pts
Citing reduced iPhone orders amid demand weakness, especially in China, a Wall Street investment firm on Monday slashed its price target on Apple stock. Patrick Seitz for Investor’s Business Daily: ‎ Loop Capital analyst Ananda Baruah reiterated his hold rating on Apple stock and cut his price target to 170…

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