
Apple Inc (NASDAQ:AAPL) stock was re-rated by two analyst firms, making nearly mirror opposite adjustments to the Cupertino-based company.
What Happened: BofA Securities analyst Wamsi Mohan Downgraded Apple from Buy to Neutral on Thursday and lowered the price target from $185 to $160. On the flip side, Rosenblatt analyst Barton Crockett Upgraded Apple from Neutral to Buy and raised the price target from $160 to $189.