Mobile9to5Macabout 2 hours ago
Jefferies cuts Apple target on canceled all-glass iPhone
1 min read
Jefferies cut Apple's price target from $285.56 to $263.66 and downgraded the stock to Underperform, citing supply chain checks that Apple canceled the rumored all-glass iPhone due to poor production yields. Analyst Edison Lee called the cancellation a major setback for higher-priced iPhones amid rising memory costs.
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