*Walter Bloomberg|May 02, 2025 11:23
AAPL: ROSENBLATT DOWNGRADES TO NEUTRAL FROM BUY - PT 217
"We downgrade Apple to Neutral and cut our price target to 217 (from 223). iPhone demand beat low expectations, but AI-driven growth looks unlikely. Apple remains well-run but faces muted growth, lacks a breakout product, and trades at a premium in a tough regulatory and tariff environment."
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