Apple’s stock gets another downgrade as iPhone doldrums could continue

Apple’s stock gets another downgrade as iPhone doldrums could continue

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Just four days into 2024, Apple Inc. shares have caught their second downgrade of the year. Piper Sandler analyst Harsh Kumar lowered his rating on the technology stock AAPL, to neutral from overweight, citing concerns about valuation as well as pressures in the smartphone market. Kumar said he is…

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