Rosenblatt Downgrades Apple (AAPL) to Neutral

Rosenblatt analyst Barton Crockett downgraded Apple (NASDAQ: AAPL) from Buy to Neutral with a price target of $217.00.

The analyst comments "We downgrade Apple to a NEUTRAL rating, and take our price target down $6 to $217. The F2Q25 quarter just reported highlights a company with amazing supply chain skill, and better demand for iPhones than many had feared. Still, for this stock to really work there needs to be an AI driven sharp acceleration in iPhone sales. And as time has gone on the argument for that seems to be fading. We're left with a well-run company, with OK-muted growth, a need for an exciting new product to reinvigorate growth trading at a premium multiple, in a choppy tariff and regulatory environment."

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $213.32 yesterday.

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