This post was originally published on this site
Apple was the first company to hit $3 trillion in market value on Jan. 3 last year.
Exane BNP Paribas (OTC:BNPQY) analyst Jerome Ramel downgraded Apple to “neutral” from “outperform” with a price target cut to $140 from $180, according to a report by thefly.com.
The iPhone maker’s shares were down about 4% at $124.65.
