The Bearish Case For Apple (AAPL) & Tesla (TSLA) Outlook

New Street's Apple (AAPL) report indicates a sell rating with a $90 price target for the stock. Pierre Ferragu sees a material downside risk as shipments are in the 180 to 200M range versus the consensus of 234M. He also weighs in on Tesla (TSLA) canceling the Model S Plaid+.

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The Bearish Case For Apple (AAPL) & Tesla (TSLA) Outlook

New Street's Apple (AAPL) report indicates a sell rating with a $90 price target for the stock. Pierre Ferragu sees a material downside risk as shipments are in the 180 to 200M range versus the consensus of 234M. He also weighs in on Tesla (TSLA) canceling the Model S Plaid+.