Apple was cut from Buy to Hold, and the analyst lowered the target to $330 from $370. The new target is below Monday's $342.94 close, pointing to a less favorable view.
This points to less confidence in Apple's shares, not a change in the company's reported business. The new $330 target is below Monday's $342.94 close, and the analyst moved to Hold. The story reports no new sales or product results.
Werner was cut from Outperform to Neutral, and its target fell from $43 to $32. The new target remains above Monday's $30.22 close, but the rating cut and lower target show a less favorable view than before.
Zoetis was cut from Buy to Hold, and its target fell from $103 to $83. The new target remains above Monday's $79.59 close, but the rating cut and lower target show a less favorable view than before.
Heartland Express was cut from Outperform to Neutral, and its target fell from $16 to $12. The new target remains above Monday's $10.53 close, but the rating cut and lower target show a less favorable view than before.
Follow Apple Inc (AAPL) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for AAPL