Apple’s stock market value falls sharply, putting it on track to end below $2 trillion for the first time since March 2021. Jerome Ramel, an Exane BNP Paribas analyst, downgrades the company to “neutral” from “outperform,” slashing his price target to $140 from $180, according to Refinitiv Eikon. At Apple’s current stock price, the company is worth $1.98 trillion, just ahead of Microsoft Corp.
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