Quartz·1 min read·medium

Apple stock downgraded to sell, citing canceled all-glass anniversary iPhone plans

Cris Tolomia
AI Summary

Apple's stock was downgraded to 'sell' by analyst Edison Lee, who lowered the price target to $263.66. The downgrade is attributed to the reported cancellation of plans for an all-glass anniversary iPhone model.

Analyst Edison Lee cut his price target to $263.66, suggesting roughly 16% downside from Apple's most recent close

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