RBC downgrades Apple (AAPL) to Underperform from Sector Perform with a $70 price target vs....

|About: Apple Inc. (AAPL)|By:, SA News Editor

RBC downgrades Apple (AAPL) to Underperform from Sector Perform with a $70 price target vs. $125. Other Tier-1 firms stand by Apple. Notable Calls: "No trade here, in my opinion. Even if there was one I probably wouldn't take it." Shares -7.1% premarket.