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YahooAugust 10, 2026 at 1:31 PM NY25 days ago

Apple downgraded by Jefferies on iPhone pricing concerns

Apple Inc (NASDAQ:AAPL, XETRA:APC) shares fell about 2% on Monday after Jefferies downgraded the stock to Underperform, citing challenges in Apple’s efforts to develop higher-priced iPhone models and lift average selling prices. Along with the rating downgrade, Jefferies lowered its price...

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