Loop Capital lowers its rating on Apple from Buy to Hold after dropping its price target to $330 due to weaker than expected smartphone shipment numbers.
Investment firm Loop Capital has lowered its rating on Apple from "Buy" to "Hold," as Apple "has no plans to recover the 13 million iPhone shipments cut in the second half of 2026."
In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $4.49 to hit a new all-time closing high of $343.99. Apple’s all-time intraday high was set on October 13, 2026 at $348.15. Apple’s...
Loop Capital downgraded its projections for Apple stock and cut its price target to $330 over iPhone shipments it doesn't expect the company to recover. Apple's staggered release schedule...
A lesser-known independent research shop, Loop Capital Markets, has downgraded Apple (AAPL) stock from Buy to Hold and cut its price target to $330 from $370, arguing the shares are fully valued...
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