Apple ($AAPL) has been hit with its third downgrade in less than two weeks, with Redburn-Atlantic downgrading the stock to Neutral from Buy with a price target of $200. The analyst predicts iPhone growth in CY24 but sees limited upside in the coming years. Meanwhile, CEO Tim Cook's total compensation dropped to $63.2 million in 2023 from $99.4 million in 2022. Despite the downgrades, 32 analysts rate Apple as Buy, 16 as Hold, and 5 as Sell.
Tim Cook's rise to the head of Apple https://t.co/I6pop7uQvi
$AAPL was hit with its third downgrade in less than two weeks Wednesday. The firms downgrading point to potential weakness in iPhone and services segments. But Wall Street isn’t entirely down on the stock. Of the 53 analysts rating Apple: 32 have Buy 16 have Hold 5 have Sell https://t.co/nXq7IuiXjy
Tim Cook's pay drops to $63 million for 2023 https://t.co/7B26lVAhnI #Apple
Apple CEO Tim Cook earned $63.2 million in 2023, a $36.2 million drop from the $99.4 million the company paid him in 2022 #applenews https://t.co/bOncrqEbk1 https://t.co/07ENLhLVMR
Tim Cook's earnings drops in 2023, still receives $63.2 million https://t.co/xLwxvpEaJK #Apple #TimCook
Apple CEO Tim Cook took home $63.2 million for fiscal year 2023, dropping from $99.4 million the previous year, although it was at his own request. By @WGallagher https://t.co/h4EUMMor54
Here's how much money #Apple CEO #TimCook earned in annual compensation package Apple CEO Tim Cook's 2023 compensation of $63,209,845 surpassed the $49 million target by 28%. Read: https://t.co/7wyBRtRlEq https://t.co/iyzBKFHerY
Apple CEO Tim Cook Earned $63.2 Million in 2023 https://t.co/vtJMKUNPFK https://t.co/QRCRji01Ac
Apple CEO Tim Cook's total pay drops to $63 million for 2023 https://t.co/sRFbLjX1LT by @ChanceHMiller
Apple CEO Tim Cook’s Pay Falls to $63M https://t.co/NTxaeKoewv
Warren Buffett received $864 Million in just dividends from his Apple $AAPL holdings in 2023 Tim Cook received $63.2 Million in 2023 for his role as CEO of Apple I gave Apple $1,000+ for the new iPhone in 2023 ... we are not the same https://t.co/oCVWnCuKRJ
Apple says they are retiring due to policy of leaving at age 75. Ronald Sugar, also 75, remains on the board because of his experience, they say. Also important: Apple chairman Art Levinson is 73. Tim Cook pay for 2023 came in at $63 million, up from $49 million target. https://t.co/lKnyplvKRO
Apple $AAPL CEO Tim Cook received total compensation of $63.2 Million in 2023 down from $99.4M in 2022 https://t.co/wjc8wTjTlT
Apple $AAPL CEO received total compensation of $63.2 Million in 2023 down from $99.4M in 2022 https://t.co/sQyfuOxOzW
Apple stock faces three downgrades, but not everyone is down on the company https://t.co/4yS44RPI0t by @DanielHowley
Investment firm Redburn Atlantic has become the latest to downgrade Apple, although its analyst is keeping its $200 price target. By @WGallagher https://t.co/A8HOAdkZKz
Apple $AAPL got its third downgrade for the month as Redburn Atlantic analyst James Cordwell downgraded the stock. The analyst has predicted growth in the sale of iPhones this year but sees limited upside in the coming years #apple #stocks #stockmarket https://t.co/8cYQ0MmUQX
⚠️JUST IN: *APPLE HIT WITH THIRD DOWNGRADE OF 2024 AMID WORRIES OVER 'FULL VALUATION' $AAPL https://t.co/PqAHBypb1H
Downgrades 1/10: $AAPL $ALE $ALK $ALLY $AMAM $AXNX $AXP $BG $C $COF $DOW $DTC $DTM $ETSY $FWRD $GS $HP $HUBG $ITW $JNPR $LYB $MRCY $NAVI $NS $PFSI $PIPR $PWR $R $RXO $SAR $SCHW $SNCY $STZ $SYF $UWMC $WDAY $Z $ZG
Another downgrade for $AAPL this morning.
$AAPL (-0.3% pre) Apple hit with third downgrade this month as Redburn worries over valuation - SA https://t.co/RLSyjG1hY2
$AAPL: Redburn-Atlantic Downgrades to Neutral from Buy - PT $200 "We are downgrading Apple to Neutral while retaining our $200 YE24 price target. While we expect the iPhone to return to growth in CY24, we see little room for upside over the next few years, and an anticipated…