Loop Capital cuts AAPL target to $330 over complicated 2026-2027 iPhone cycle

Loop Capital downgraded its projections for Apple stock and cut its price target to $330 over iPhone shipments it doesn't expect the company to recover. Apple's staggered release schedule complicates that forecast.Apple Stocks
Analyst Ananda Baruah lowered Apple's rating from Buy to Hold and cut its price target from $370 to $330. Loop initially attributed lower production plans to memory and processor shortages.Loop initially expected Apple to recover many of the lost shipments in 2027, but sup