KeyBanc Downgrades Apple On New Growth Slowdown Fears
--------------------------------------------------------------------
Source: Zero Hedge
Published: 2026-07-14 22:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Economy & Finance, Financial Markets, Business & Economy
--------------------------------------------------------------------
Snippet:
Apple shares fell 1% in premarket trading after KeyBanc Capital Markets downgraded the iPhone maker to "Underweight" from "Sector Weight" and set a 12-month price target of $250. This implies roughly a 21% decline from Monday's close, putting the stock in bear-market territory.
--------------------------------------------------------------------