Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

KGI downgrades Apple to Neutral, citing limited upside after strong rally and concerns over iPhone demand.

Analyst Insights
22 Jun 2026
Finbold
View Source
Neutral
pluang ai news

KGI Securities downgraded Apple from 'Outperform' to 'Neutral' due to limited upside potential following a strong recent stock rally, setting a 12-month price target of $315. The downgrade reflects concerns about weaker demand for some iPhone models, challenges in China, and uncertainty over how quickly Apple's AI strategy will boost revenue. Despite this, Wall Street remains generally positive with a 'Moderate Buy' consensus and an average 12-month target of $324.40. Investors will watch upcoming product launches and earnings for signs of Apple's growth trajectory in 2026.

More News (AAPL)

Tata Electronics confirms data breach exposing files linked to Apple and Tesla suppliers.

Tata Electronics confirms data breach exposing files linked to Apple and Tesla suppliers.

Tata Electronics, a major Indian electronics and semiconductor manufacturer supplying Apple and Tesla, confirmed a cybersecurity breach after over 630GB of data appeared on a hacker forum. The leaked files reportedly include sensitive supplier specif...

Market News
Bearish
10 hours ago
Apple's WWDC 2026 AI strategy reset praised by Bank of America as a major positive shift.

Apple's WWDC 2026 AI strategy reset praised by Bank of America as a major positive shift.

At WWDC 2026, Apple unveiled a significant update to its AI strategy, repositioning Siri as a context-aware assistant across multiple devices and apps. Bank of America highlighted Apple's hybrid AI architecture combining on-device processing, private...

Market News
Bullish
11 hours ago
Schwab US Large-Cap Growth ETF offers strong AI tech exposure with top firms like Nvidia and Apple.

Schwab US Large-Cap Growth ETF offers strong AI tech exposure with top firms like Nvidia and Apple.

The Schwab U.S. Large-Cap Growth ETF (SCHG) provides concentrated exposure to leading U.S. technology companies heavily involved in AI, including Nvidia, Apple, and Microsoft. It is positioned to benefit from a projected multi-trillion-dollar increas...

Market News
Bullish
13 hours ago
Apple stock downgraded to Hold with $315 target as price hikes leverage strong user base.

Apple stock downgraded to Hold with $315 target as price hikes leverage strong user base.

KGI Securities downgraded Apple stock from Outperform to Hold, setting a new price target of $315, indicating limited upside from the current $298 price. Despite the downgrade, Apple is raising device prices, relying on its affluent customer base's s...

Analyst Insights
Neutral
13 hours ago
Mizuho raises Intel price target to $135 on tech advances; Bernstein remains cautious with $100 target.

Mizuho raises Intel price target to $135 on tech advances; Bernstein remains cautious with $100 target.

Mizuho Securities raised Intel's price target from $128 to $135, citing advanced packaging technologies and a new partnership with Apple to design chips in the U.S. This reflects a modest upside from the current price. Meanwhile, Bernstein set a bear...

Analyst Insights
Neutral
19 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App