Apple options run hot after analyst’s new ‘sell’ rating

Karee Venema, Schaeffer’s Investment Research via Yahoo Finance:Maxim downgraded Apple Inc. stock to “sell” from “hold,” and established a $190 price target on the tech shares — a 28% discount to last night’s close. The brokerage firm also forecast a 5% year-over-year drop in iPhone revenue and a 2% annual decline in total operating profits, and labeled expectations the tech giant could transform the healthcare industry as “unrealistic.”
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