Notable Downgrades: Apple (AAPL), Walt Disney (DIS), InvenSense (INVN), Cerner Corporation (CERN), Trimble Navigation (TRMB)

Analysts at BofA/Merrill (BAC) downgraded Apple Inc. (AAPL) from ‘Buy‘ to ‘Neutral‘ in a research report issued to clients on Wednesday saying iPhone growth is decelerating and that Apple Watch, Apple Pay, and Apple Music will take time to ramp up. On valuation measures, Apple Inc. stock it’s trading at a forward P/E multiple of […] View the full post at: Notable Downgrades: Apple (AAPL), Walt Disney (DIS), InvenSense (INVN), Cerner Corporation (CERN), Trimble Navigation (TRMB) Related posts: Walt Disney to Acquire Marvel Entertainment for $4B Top Pre-Market Stock Upgrades/Downgrades April 21, 2010 Top Pre-Market Stock Upgrades/Downgrades April 12, 2010