Barclays Issues Sell Rating on Apple with $253 Price Target
Barclays has downgraded Apple to a Sell recommendation, assigning a target price of $253 — approximately 19% below the current trading level of $312. According to NS3.AI, analyst Tim Long pointed out that Apple’s price-to-earnings ratio of 34.7x looks stretched when measured against projected earnings for calendar year 2027.$AAPL
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