It has been a long couple of weeks for Apple (AAPL).

When the iPhone 6 and iPhone 6 Plus launched, most investors likely expected a significant bump in their AAPL holdings.

They got it … briefly.

Apple shares did manage to go from just under $102 on Sept. 18 (the day before the iPhone 6 release) to just under $103 within a couple of trading sessions, but it wasn’t able to reach all-time intraday highs set earlier in the month.

Fast-forward to today, and AAPL stock is sitting under the $100 mark.Not the end of the world, but certainly disappointing. And now the analysts are piling on.

Deutsche Bank is the latest to get in on the action, downgrading AAPL stock from “buy” to “hold” and adjusting its price target from $105 to $102. DB analyst Sherri Scribner’s issues with Apple:

“Apple’s ability to surprise consumer base is limited, according to Scribner. She feels iPhone sales expectations are very high, making it difficult for the company to outperform expectations. Moreover, the company has introduced all of its new products, limiting catalysts.”

In short: Any good news is already baked in, and it would take something incredible to get investors to drive AAPL shares much higher than current levels — but that something incredible isn’t in the near future, because Apple has already churned out all of its new offerings for the time being.

However, things might not be that bad: Apple’s new smartwatch is expected to debut some time early next year, and investors also could see more upside for AAPL as Apple Pay catches on.

Meanwhile, not all analysts are bearish on AAPL. Citigroup rates it a “buy,” and Evercore Partners recently reiterated an “overweight” rating.

Which analysts are you siding with?

As of this writing, Chris Bibey did not hold a position in any of the aforementioned securities.