apple shares have held up better than the other tech megacaps this year the stock is off about 18—not impressive from an absolute performance perspective until you consider that alphabet is off 22 microsoft is 25 lower amazon is down 33 and meta platforms has tumbled 51 but apple’s heavy reliance on the consumer economy makes the company vulnerable to an economic slowdown and at least one analyst thinks wall street consensus estimates remain far too bullish lynx equity strategies analyst kc rajkumar on wednesday cut his target on the stock to 125 from 150 which makes him wall street’s biggest apple ticker aapl bear his target implies nearly a15 decline from apple’s recent price of 145