Nomura maintained its "Neutral" rating on shares of Apple Inc. (AAPL) Tuesday morning, but reduced its price target on the stock to $530 from $660.
Apple gapped open lower Tuesday and declined during the first 2 hours of trade, before settling into a range. The stock ended the day lower by 15.83 at $485.92. Apple dropped below over a 2-month range and set an 11-month low.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.