Rosenblatt Securities downgrades Apple to sell

Michael Bloom from CNBC:
“The firm said that while it didn’t think Apple stock was a short, “we believe Apple will face fundamental deterioration over the next 6 to 12 months,” analyst Jun Zhang said in a note to clients. Rosenblatt did, however, maintain its 12-month $150 price target.
“Adding to our ‘sell’ thesis, we believe new iPhone sales will be disappointing, iPad sales growth will slow in the second half of 2019, other product sales growth, such