Apple (NASDAQ:AAPL – Get Free Report) was downgraded by equities research analysts at DZ Bank from a “buy” rating to a “hold” rating in a research note issued on Tuesday, Marketbeat Ratings reports. KGI Securities cut Apple from an “outperform” rating to a “hold” rating and set a $315.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. Insider Transactions at AppleIn other Apple news, insider Ben Borders sold 116 shares of Apple stock in a transaction on Tuesday, June 16th. Apple Company Profile(Get Free Report)Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne.