Apple's shares might have some trouble growing in 2014, a new analyst report claims.
Wells Fargo analyst Maynard Um on Tuesday issued an Apple stock downgrade, pushing the company's shares from "Outperform" to "Market Perform." The move, however, did not include a change to Um's 12-month prediction on Apple's share price of $536 to $581. Apple is currently trading at $553.
According to StreetInsider, which obtained a copy of the analyst note, Um said that there are three issues Apple will face in 2014 that could put a damper on its share … Read more