Apple Stock Downgraded, Price Target Cut
This is a China news story, published by Investor's Business Daily, that relates primarily to Craig Moffett news.
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•Apple stock downgraded to sell from neutral by MoffettNathanson
78% Informative
Analyst Craig Moffett downgraded Apple (AAPL) stock to sell from neutral on Tuesday .
MoffettNathanson cited concerns over China , a U.S. government antitrust lawsuit versus Google , lukewarm consumer interest in new iPhone 16 models with artificial intelligence features.
Apple reportedly cut iPhone prices in China to compete with domestic rivals such as Huawei .
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