Apple gets downgraded, more iPhone estimates cut as Wall Street starts to turn on struggling stock
November 14, 2018 at 07:13 AM EST
Guggenheim downgraded Apple to neutral from buy and removed its prior $245 price target. UBS cut its 12-month price target on Apple to $225 from $240 and lowered iPhone unit sales estimates for the current quarter to 73.5 million from 75 million.
