There's a new Apple analyst on Wall Street and he doesn't love the stock

There's a new Apple analyst on Wall Street and he doesn't love the stock

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/15/new-apple-analyst-on-wall-street-doesnt-love-the-stock.html

Apple shares have crushed the market's performance so far this year. But investors should not expect easy gains going forward, according to the newest Wall Street analyst on the stock.

Wells Fargo's Aaron Rakers began coverage on Apple shares with a market perform rating, saying the smart phone maker's immediate prospects are more uncertain after its recent iPhone product launches. Rakers joined the firm last month as its new IT hardware and networking equipment analyst.