{"id":86946,"date":"2024-01-03T00:35:20","date_gmt":"2024-01-03T05:35:20","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86946"},"modified":"2024-01-03T00:33:18","modified_gmt":"2024-01-03T05:33:18","slug":"apple-shares-fall-4-after-barclays-downgrade","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2024\/apple-shares-fall-4-after-barclays-downgrade.html","title":{"rendered":"Apple shares fall 4% after Barclays downgrade"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\">Apple<\/a> shares <a href=\"https:\/\/www.cnbc.com\/2023\/12\/29\/apple-underperformed-mega-cap-peers-in-2023-due-to-revenue-slide.html\">slipped<\/a> 4% on Tuesday, after <a href=\"https:\/\/www.cnbc.com\/2024\/01\/02\/magnificent-7-member-gets-downgraded-to-start-2024-as-barclays-lowers-rating-on-apple.html\">Barclays downgraded the stock<\/a> to underweight and slightly trimmed its price target from $161 to $160. Barclays analyst Tim Long wrote in a note to clients Tuesday that the iPhone 15?s current \u201clackluster\u201d sales, specifically in China, presaged similarly weak iPhone 16 sales \u2014 weakness that Long expects will hold true for Apple\u2019s hardware sales broadly.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/01\/02\/apple-stock-slips-more-than-2percent-after-barclays-downgrade.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Apple shares slipped 4% on Tuesday, after Barclays downgraded the stock to underweight and slightly trimmed its price target from $161 to $160. Barclays analyst Tim Long wrote in a note to clients Tuesday that the iPhone 15?s current [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86946","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86946"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86946\/revisions"}],"predecessor-version":[{"id":86947,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86946\/revisions\/86947"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}