Apple falls after Bank of America downgrades the iPhone maker on indications of a slowdown in consum (insider@insider.com (Carla Mozée)/Insider: Tech)

insider@insider.com (Carla Mozée) / Insider: Tech
Apple falls after Bank of America downgrades the iPhone maker on indications of a slowdown in consum – Bank of America cut its Apple rating to neutral from buy and lowered its price objective by 14% to $160 a share.iPhone 14Apple released the latest iPhone in September. Marc Asensio/Getty Images Apple was cut to a neutral rating from buy at Bank of America, contributing to a nearly 5% …

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