Barclays, in a recent report, downgraded Apple, America's largest company by market capitalization. Analysts at the bank identified a decline in the sales of iPhones and Mac computers as a cause for concern. Tim Long, leading the team of strategists, revised the rating for Apple from Equal Weight to Underweight, setting a new price target of $160 (down from $161). The market … [Read more...] about Apple Faces Downgrade Amid Weakness in Sales
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