Apple has run out of iPhone shapes, and Jefferies just cut it to sell

Source: The Next Web· Cristian Dina· August 10, 2026
Apple has run out of iPhone shapes, and Jefferies just cut it to sell

Jefferies cut Apple from hold to underperform on Monday. That is the bank’s equivalent of a sell rating. It also cut its price target from $285.56 to $263.66. Fortune’s Sebastian Herrera reported the call. The bank’s supply-chain checks produced three reasons…

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