Jefferies cuts AAPL target to $263.66, downgrades to Underperform
Analyst firm Jefferies has downgraded Apple stock to underperform alongside a price cut, because the firm believes Apple has cancelled its all-glass design for the still-unannounced iPhone 20. iPhone 20 is probably going to look more like a third-generation iPhone Air Apple has a lot going on to be concerned about. RAM pricing will just get worse , SSD flash cells are a year away from relief, and…
We haven't written up this one. AppleInsider has the full story — the link below goes straight to it.
