Loop Capital Cuts Apple Rating Over iPhone Sales Outlook
Loop Capital has lowered its rating on Apple from "Buy" to "Hold," saying the company is unlikely to make up an estimated 13 million iPhone shipments cut from its plans for the second half of 2026, according to Investing.com . The firm reduced its Apple stock price target from $370 to $330. Loop previously believed shortages of memory and processors had delayed shipments that Apple would recover…
We haven't written up this one. MacRumors has the full story — the link below goes straight to it.
