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https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ020HZ_L.jpgApple was the first company to hit $3 trillion in market value on Jan. 3 last year.
Exane BNP Paribas (OTC:BNPQY) analyst Jerome Ramel downgraded Apple to “neutral” from “outperform” with a price target cut to $140 from $180, according to a report by thefly.com.
The iPhone maker’s shares were down about 4% at $124.65.