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Apple Analyst Confidence Index Plummets to Five-Year Low as Two Firms Downgrade Stock Ratings in One Day
3 day ago /
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Author：小编
On Thursday, Apple Inc. found itself at the receiving end of rating downgrades from two separate institutions, signaling a fresh wave of market wariness towards the iPhone giant. This year, Apple's performance has paled in comparison to other prominent tech stocks. Based on institutional data, after these rating downgrades, Apple's 'Recommendation Consensus' (an indicator that reflects the proportion of buy, hold, and sell ratings) has dipped to 3.9 points (on a scale of 5), marking its lowest point since the beginning of 2020.
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