KGI Securities Downgrades Apple (AAPL) to Hold

KGI Securities downgraded Apple Inc. (NASDAQ:AAPL) from Outperform to Hold with a price target of $315 on June 22, citing challenges in the supply chain and rising component costs. The firm highlighted increased competition for memory and storage chips due to AI-driven demand, leading to unavoidable product price hikes.

By Noor Ul Ain Rehman Sat, June 27, 2026 at 10:08 PM GMT+3 1 min read · Yahoo Finance · June 27, 2026, 19:08 UTC

KGI Securities Downgrades Apple (AAPL) to Hold

Tickers: $AAPL

Topics: AI Apple KGI Securities Price Target

Read the full article at Yahoo Finance

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