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Loop Capital Cuts Apple Price Target on iPhone Shipment Worries

Original: Loop Capital Lowers Apple Stock Price Target on iPhone Shipment Concerns

Loop Capital has lowered its price target on Apple stock, citing concerns about iPhone shipments. The analyst move signals worries that iPhone demand or supply may be softer than expected, and investors are watching whether other analysts follow with similar downgrades ahead of upcoming shipment data and earnings.

Why now: Analyst downgrades of one of the world's largest companies move markets and draw investor attention.

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