Apple downgraded to ‘Underperform' on tariff pressures, margin concerns: Jefferies

Apple Inc (NASDAQ:AAPL, ETR:APC) is facing escalating tariff costs and shrinking product margins that could weigh heavily on future profits, prompting analysts at Jefferies to downgrade Apple shares to Underperform. While Apple's March-quarter results modestly exceeded Jefferies' expectations, the firm said the company's outlook and mounting tariff exposure signal further earnings risk ahead....

Proactive Investors - 5/2/2025 10:21:46 AM More News for AAPL
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