Notable Downgrades: Apple (AAPL), Micron (MU), Bed Bath & Beyond (BBBY), Nordstrom Inc. (JWN)

Apple Inc. (AAPL) was reiterated a ‘Buy’ by Stifel analysts on Wednesday. The broker however, cut its price target on the stock to $140 from $150 noting that while it is positive on Cupertino’s competitive positioning to harvest company’s installed base expansion, there has clearly been a deceleration occurring over the past 8 weeks. On […] View the full post at: Notable Downgrades: Apple (AAPL), Micron (MU), Bed Bath & Beyond (BBBY), Nordstrom Inc. (JWN) Related posts: Micron Technology to Eliminate 15% of its Workforce Apple’s (AAPL) Short Interest Nosedives Apple (AAPL) Makes This Look Easy