Apple (AAPL) Stock Drops as Loop Capital Warns of iPhone Demand Risks

TLDR Apple stock declined 1.08% in premarket trading as analysts questioned iPhone demand. Loop Capital downgraded Apple to Hold and reduced its price target from $370 to $330. KeyBanc raised concerns about slower iPhone upgrades as consumers face higher device prices. Britain’s competition regulator proposed lower fees and easier access for rival contactless payment services. [...]

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