X Factor
Apple Stock Watchers Lose Some of That Loving Feeling
This echoes the last time the shares struggled.
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Wall Street is having second thoughts about Apple Inc., and that should worry the company's shareholders.
Among the stock analysts who track Apple, about two-thirds now say the company's shares are worth buying, according to data compiled by Bloomberg. That seems like a large share, but it's relatively pessimistic in the grade inflation-prone world of Wall Street stock recommendations. It is the lowest percentage of buy ratings for Apple in nearly three years, Bloomberg data show.