Stock Movers Apple Downgraded, Dollar Tree Gains, MicroStrategy Falls on Forecast
Apr 7, 2025
Apple faces a stock downgrade as concerns over tariff policies rise, yet it maintains a strong long-term outlook thanks to its cash flow. Meanwhile, Dollar Tree shows resilience, with expectations of benefitting from tariffs. On the flip side, MicroStrategy lapses into trouble, projecting potential losses and jeopardized profitability due to plummeting Bitcoin values. The contrasting fates of these companies highlight the unpredictable nature of today's market.
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Apple Downgraded
- Apple shares are slipping after Wedbush cut their price target due to Trump's tariff policies.
- Despite this, Wedbush maintains a positive long-term outlook on Apple because of its strong free cash flow and Services business.
Dollar Tree Gains
- Dollar Tree's stock is rising after Citi turned bullish, believing the tariffs will benefit the discount retailer.
- Citi anticipates consumers will accept price increases, and Dollar Tree's customer base might grow due to inflation.
MicroStrategy Falls
- MicroStrategy's shares fell after they announced a potential $5.9 billion loss in Q1 due to Bitcoin's drop.
- The company changed its accounting practice for Bitcoin holdings, previously classifying them as intangible assets, leading to investor concern.