Jefferies Downgrades Apple to Sell, Sees 20% Drop From Here

Jefferies' bearish Apple stock guesswork continues with iPhone 18-related downgrade

A historically bearish analyst firm who's been underwater on Apple stock for years has downgraded the stock to underperform, arguing that investors are placing too much faith in the upcoming iPhone 18.Analysts don't agree on iPhone 18Jefferies analyst Edison Lee trimmed Apple's price target to $205.16 from $205.82. Lee said improved demand for the iPhone 17 has already been priced into the stock, leaving little room for growth tied to future mod…

Jefferies downgrades Apple to “underperform,” calls iPhone sales expectations “excessive”

Better demand for the iPhone 17 is already priced in, Jefferies analysts said....

Apple gets rating cut at Jefferies on 'excessive expectations' on iPhone

Jefferies downgraded Apple's (AAPL) stock to Underperform from Hold citing "excessive expectations" on iPhones and foldable phones.

Jefferies downgrades Apple to sell, sees 20% drop from here

Apple shares are likely to slump as Wall Street's expectations for the company's next iPhone — possibly a foldable — have become too lofty, Jefferies says.

Apple in red after Jefferies downgrade iphone maker due to over ...

Here's why Apple shares briefly nosedived in premarket trading Friday | Philip Elmer‑DeWitt

Jefferies analysts cut their rating on shares of the iPhone maker to Underperform from Hold on Friday. The firm also lowered its price target to $205.16 from $205.82.