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 AirApple has a lot going on to be concerned about. RAM pricing will just get worse, SSD flash cells are a…

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