Apple Downgraded on Over-Hyped ‘iPhone 8’

Apple’s next iPhone won’t have the kind of impact on the company’s business some hope it might, one analyst told investors in a research note on Tuesday. Barclays analyst Mark Moskowitz on Tuesday downgraded Apple’s stock to equal weight from its previous overweight rating. Moskowitz, who also lowered Apple’s price target from $119 a share…

http://fortune.com/2017/01/24/apple-iphone-8-barclays/

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