Tuesday, June 1, 2021

Apple Gets Rare Sell Rating, iPhone Sales ‘Unsustainable’

Tech giant Apple received a rare “Sell” rating as an investment analyst saw unsustainable iPhone sales in the coming months. New Street Research analyst Pierre Ferragu slashed his price target on Apple by 28%, to $90 a share. The investment firm also lowered its rating from “Neutral” to “Sell” given the near-term prospects. 

Read TheCapitalist.com

No comments:

Post a Comment