KeyBanc keeps Apple Underweight ahead of Sept. 9 iPhone 18 event
KeyBanc Capital Markets kept an Underweight rating on Apple and a $250 price target, citing concerns about pricing and demand ahead of the Sept. 9 iPhone 18 event.
Apple NASDAQ:AAPL shares are in focus as investors weigh fresh concerns about pricing and demand ahead of the company's Sept. KeyBanc Capital Markets kept an Underweight rating and a $250 price target. The brokerage sees higher production costs creating pressure on Apple's gross m…