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benzinga.com
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This Apple Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Wednesday - Apple (NASDAQ:AAPL), Bath & Body Works (NYSE:BBWI)

1. Jefferies upgraded AAPL from Underperform to Hold. 2. Price target for AAPL was lowered from $202.33 to $167.88. 3. Apple shares closed at $172.42 on Tuesday. 4. Analysts continue to provide varied outlooks on AAPL. 5. A positive sentiment shift in ratings could stabilize AAPL's price.

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FAQ

Why Neutral?

The upgrade to Hold indicates improved outlook, but the lowered target suggests caution.

How important is it?

The adjustment in rating and price target reflects analysts' cautious optimism for AAPL's near-term performance.

Why Short Term?

Analyst ratings can influence short-term sentiment but have fluctuating long-term effects.

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