This analyst price cut is piling on the stock but will have no effect. There might be some weakness today but expect upflows to begin. Nobody has any respect for a analyst to come out 3 days later with a downgrade especially on aapl. Suspect the motivation is to get shorts 1 more day of covering but it won't work.
Baird analyst downgrade the AAPL. My question is where are these as....ole before earning. Why dont they cut the rating before earning. if they think they are so smart. Anybody comes three days later and downgrade the stock i think they are coward and bast...rd These people are all in one basket they manipulate the stock and little guys like us get sucked into it.
"Baird analyst Bill Power downgraded AAPL. According to TipRanks, out of his 37 recommendations only 17 outperformed the S&P (43%)."
Analysts are are much worse than weathermen but get paid a gazillion $$ more. How stupid these guys really are. They're records speak for themselves. The ones that are not stupid are akin to pro$titute$ since they no doubt sell there services to whoever pays them the highest bid -- whether short or long. Disgraceful.
Baird, et al analyst failed to lower Apples Christmas Q ignoring supply shortages of iPhone 5s and iPads & iMacs. They failed to lower Apple estimates. They were imo irresponsible. So now they are downgrading now that the manufacturing issues are resolved. What a joke.