Notable Downgrades: Apple (AAPL), United Technologies (UTX), Akamai (AKAM), Tyco (TYC), Stone Energy Corp. (SGY)
January 06, 2016 at 13:46 PM EST
Analysts at Rosenblatt downgraded Apple Inc. (AAPL) from ‘Buy’ to ‘Neutral’ in a research report issued to clients on Wednesday. The firm believes iPhone 6S sales have slowed down during the holiday season reaching high market inventory levels. The target price for AAPL is lowered from $140 to $102. United Technologies Corporation (UTX) was downgraded […] View the full post at: Notable Downgrades: Apple (AAPL), United Technologies (UTX), Akamai (AKAM), Tyco (TYC), Stone Energy Corp. (SGY) Related posts: Apache Corp. in final talks to buy Energy Corp’s shallow Gulf assets Apple’s (AAPL) Short Interest Nosedives Align Technologies Takes One in the Teeth