JPMorgan Chase: Downgrades Apple Inc. from 'Neutral' to 'Underweight', Lowers Price Target to $263.66
August 10th, J.P. Morgan downgraded Apple Inc. from "Neutral" to "Underweight"; at the same time, they lowered the target stock price from $285.56 to $263.66.
According to BIT (bit.com) market data, Apple (AAPL.O) dropped 1.3% in pre-market trading.