Apple slips after being downgraded at Barclays (AAPL)

Apple is down 0.07% at $119.92 a share following a downgrade by Barclays. 
Barclays downgraded the iPhone maker from "overweight" to "equal weight" and dropped its price target to $117 from $119. 
In a note sent to clients on Tuesday, Barclays analysts said they do not see "meaningful upside potential" in the stock.
Ultimately, Barclays still believes that Apple is a good stock for long-term investors, especially given the company's large cash balance and products that retain cust