Loop Capital Cuts Apple Rating Over iPhone Sales Outlook

MacRumors
By Hartley CharltonOct 21, 2026, 4:38 am114 ptsTrending
Loop Capital has lowered its rating on Apple from "Buy" to "Hold," saying the company is unlikely to make up an estimated 13 million iPhone shipments cut from its plans for the second half of 2026, according to Investing.com. The firm reduced its Apple stock price target from $370 to $330. Loop previously…

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