Analysts have come out of the gates guns blazing on Monday.
Apple (AAPL - Get Report) was downgraded to sector weight at Pacific Crest. As TheStreet reports, there may be more risk to the iPhone 8 than many investors expect. Shares are down more than 1% to $153.86 in early afternoon trading.
Five Point Holdings (FPH - Get Report) was initiated with an outperform rating and $19 price target at RBC. Five Point Holdings was also initiated with a neutral rating and $18 price target at JPMorgan.