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Apple has run out of iPhone shapes, and Jefferies just cut it to sell

The Next Web

TechnologyThe Next Web·Aug 10, 2026·1 min read

Apple has run out of iPhone shapes, and Jefferies just cut it to sell

Jefferies cut Apple from hold to underperform on Monday. That is the bank’s equivalent of a sell rating. It also cut its price target from $285.56 to $263.66. Fortune’s Sebastian Herrera reported the call. The bank’s supply-chain checks…

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