Apple stock downgraded due to weak iPhone sales and chip shortage, Kroger upgraded for strong earnings.
From Yahoo Finance: 2024-06-18 09:51:28
Wall Street’s top analyst has downgraded Apple stock, citing weak iPhone sales and potential impact from the ongoing chip shortage. Meanwhile, Kroger’s stock has been upgraded due to strong earnings and the company’s focus on online sales growth. Apple shares fell 1.8% while Kroger’s stock jumped 5.3% on the news.
Read more at Yahoo Finance: Apple downgraded, Kroger upgraded: Wall Street’s top analyst calls – Yahoo Canada Finance