This MongoDB Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

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Posted on mongodb google news. Visit mongodb google news

Apple Inc. (NASDAQ: AAPL ) faces mounting pressure as Jefferies downgraded the tech giant to ‘underperform,’ citing concerns over revenue growth, following President Donald Trump ‘s remarks about potential new U.S. investments from the company. The Apple Analyst: Jefferies analyst Edison Lee cut his price target to $200.75 from $211.84, reported CNBC, projecting a 12.7% downside for the stock. The rare bearish call stands in contrast to broader Wall Street sentiment, with only three other analysts recommending selling Apple shares compared to 19 buy ratings, according to Tipranks.com. The stock has already declined over 8% in 2024, following last…

Article originally posted on mongodb google news. Visit mongodb google news

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