Oppenheimer downgrades Apple ahead of Thursday’s earning report

On Wednesday, Apple was downgraded to “perform” from “outperform” by Oppenheimer, which also removed their $250 price target. This marks the fifth downgrade the company has faced this month, following similar actions by Jefferies, MoffettNathanson, Loop Capital, and DBS Bank.
Oppenheimer analyst Martin Yang echoed the concerns of others by highlighting i…
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