Apple Stock: AAPL Gets a Downgrade From Jefferies

Leading concern slope and superior markets steadfast Jefferies has downgraded Apple banal from ‘hold’ to ‘underperform’. Analysts from the steadfast wrote that the tech elephantine could miss some net and guidance targets successful the upcoming Q1 2025 report. The improvement puts AAPL connected the backmost ft arsenic the concern slope does not expect returns from the tech firm.

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Apple banal is presently trading astatine the $229 people connected Monday erstwhile Trump took the oath becoming the 47th President of the US. It mostly traded successful the reddish but lone concisely closed successful the greenish by 0.75%. The downgrade from Jefferies present puts AAPL nether muddy territory arsenic it could acquisition much downsides.

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Apple Stock: Jefferies Predict How Low AAPL Could Dip

Source: MoneyCheck

Jefferies predicts that Apple banal has a downside and could autumn to the $200 level. That’s a downtick and erosion of concern of astir 13% from its existent terms of $229. Therefore, an concern of $1,000 could crook into $870 if the forecast turns retired to beryllium accurate.

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In addition, Apple iPhone income are declining successful China which is adding to the company’s woes. Competition and marketplace dynamics are rapidly evolving successful China making Apple suffer retired connected a larger watercourse of revenue. It’s receiving competitory unit from the homegrown marque Huawei successful mobile income and demand.

Apple banal has remained volatile lately its precocious debt-to-equity ratio of 209.06% and a trailing P/E ratio of 37.89 are turning burdensome. AAPL could shed its worth this period and descent successful the indices successful the coming trading sessions. Investors tin marque usage of the dip and accumulate AAPL for the semipermanent horizon. It remains the apical tech elephantine with bases dispersed each implicit the world. Buying astatine its lows and selling erstwhile the institution stabilizes could beryllium beneficial arsenic it generates immense profits.