Apple Inc. (AAPL) Downgraded by Barclays PLC

Apple Inc. (NASDAQ:AAPL) was downgraded by Barclays PLC to an “equal weight” rating in a note issued to investors on Tuesday.

Several other equities analysts also recently commented on AAPL. Piper Jaffray Cos. reaffirmed a “buy” rating and set a $151.00 price objective on shares of Apple in a research note on Monday, September 26th. Morgan Stanley reaffirmed an “outperform” rating and set a $123.00 price objective on shares of Apple in a research note on Monday, September 26th. Bank of America Corp. reaffirmed a “buy” rating and set a $125.00 price objective on shares of Apple in a research note on Tuesday, September 27th. Brean Capital reaffirmed a “buy” rating on shares of Apple in a research note on Wednesday, September 28th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $125.00 price objective on shares of Apple in a research note on Wednesday, September 28th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating, forty-one have assigned a buy rating and three have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $130.13.




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