$AAPL - LOOP CAPITAL DOWNGRADES APPLE ON IPHONE SHIPMENT CONCERNS Loop Capital downgraded Apple to Hold from Buy, cutting its price target…
$AAPL - LOOP CAPITAL DOWNGRADES APPLE ON IPHONE SHIPMENT CONCERNS
Loop Capital downgraded Apple to Hold from Buy, cutting its price target to $330 from $370.
Supply chain checks suggest Apple will not recover 13 million iPhone shipments cut from its 2026 plans.
Loop now expects 79 million iPhones in the December quarter versus Wall Street's 85 million.