Notable Downgrades: Apple Inc. (AAPL), Neogen Corp. (NEOG), NetApp (NTAP), F5 Networks (FFIV), Infinera (INFN)

Apple Inc. (AAPL) was reiterated a ‘Market Perform’ by Cowen analysts on Tuesday. The broker also cut its price target on the stock to $130 from $135. On valuation measures, Apple Inc. stock it’s trading at a forward P/E multiple of 9.99x, and at a multiple of 11.64x this year’s estimated earnings. The t-12-month revenue […] View the full post at: Notable Downgrades: Apple Inc. (AAPL), Neogen Corp. (NEOG), NetApp (NTAP), F5 Networks (FFIV), Infinera (INFN) Related posts: Apple’s (AAPL) Short Interest Nosedives Edward Zabitsky Recommends Selling Apple (AAPL) Short, $126 Target 5 reasons to buy Apple stock again