Jefferies upgrades Apple to 'Hold'

Let's turn now to Apple rising another 2% for its fourth straight day in the green. Jeffre upgrading the stock to a hold with analysts writing that the company could top June quarter estimates thanks to better China a iPhone sales. Still, they site long-term risks with investors underpricing the impact of tariffs.Their updated price target of $188 a share implying 12% downside from today's close. Of course, this is a move from sell so it's not exactly a pound the table upgrade here, but it is interesting. i ...