Notable Downgrades: Apple Inc. (AAPL), Celldex Therapeutics (CLDX), Rackspace Hosting (RAX), YuMe (YUME)

Apple Inc. (AAPL) was reiterated a ‘Hold’ by Jefferies analysts on Tuesday. The broker however, cut its price target on the stock to $130 from $135 citing iPhone demand uncertainty. On Tuesday, Apple Inc. printed a higher than average trading volume with the issue trading 59 million shares, compared to the average volume of 46.87 […] View the full post at: Notable Downgrades: Apple Inc. (AAPL), Celldex Therapeutics (CLDX), Rackspace Hosting (RAX), YuMe (YUME) Related posts: Apple (AAPL) Makes This Look Easy Edward Zabitsky Recommends Selling Apple (AAPL) Short, $126 Target Last Week’s Insider Trading Summary: Notable Purchases/Selling