Apple Stock Falls as Jefferies Downgrades; JPM Lowers Price Target
1. Jefferies downgraded AAPL to 'underperform' due to weak iPhone sales. 2. New models' AI features failed to generate demand, impacting revenue forecasts. 3. JPMorgan lowered AAPL price target to $260, citing consumer demand concerns. 4. Apple's market share in China declines amid low demand for premium phones. 5. Stock down about 3.5% on Tuesday; lost nearly 12% in 2025.