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Apple Downgraded at Jefferies on iPhone Outlook
Posted
August 10, 2026
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August 10, 2026
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5:40Now PlayingApple is no longer the "king of the supply chain," and that has Jefferies analyst Edison Lee worried. He cut Apple from hold to underperform and lowered the price target to $263.66 from $285.56. Lee says introducing new form factors in the iPhone is harder than expected and plans for an all-glass iPhone model were cancelled. He speaks to Ed Ludlow on "Bloomberg Tech."
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