Apple (AAPL.US) fell 1.3% in pre-market trading after Jefferies downgraded its rating from "Hold" to "Underperform" and lowered its target price from $285.56 to $263.66.

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Apple (AAPL.US) fell 1.3% in pre-market trading after Jefferies downgraded its rating for Apple from "Hold" to "Underperform." At the same time, the target price was lowered from $285.56 to $263.66.

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Apple (AAPL.US) fell 1.3% in pre-market trading after Jefferies downgraded its rating from "Hold" to "Underperform" and lowered its target price from $285.56 to $263.66.

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