Analyst Downgrades: Apple Inc., Synaptics, Incorporated, and Chico's FAS, Inc.

Analysts are weighing in on tech giant Apple Inc. (NASDAQ:AAPL), Apple supplier Synaptics, Incorporated (NASDAQ:SYNA), and retailer stock Chico's FAS, Inc. (NYSE:CHS). Here's a quick roundup of today's bearish brokerage notes on AAPL, SYNA, and CHS.

• AAPL is down 2% at $95.63, amid reports the company was ordered to stop iPhone 6 and iPhone6 Plus sales in Beijing, after an Intellectual Property Office found the tech giant to be in violation of a patent issued to Chinese device maker Baili. In addition, RBC issued a price-target cut to $115 from $120. The tech stock has had a rough 12 months, down 25% year-over-year. Short interest on the stock is up, increasing by 78.9% over the last reporting period alone. However, 25 of 30 analysts maintain "buy" or better ratings, leaving the door wide open for additional negative analyst notes.

• SYNA is down 10.4% at $54.20 -- and just off a new two-year low of $52.85 -- after the Apple supplier announced it would be letting go of 160 employees, and that some executives will take temporary pay cuts. Following the announcement, J.P. Morgan Securities cut Synaptics, Incorporated's price target to $71 from $75. Option bears have been very keen on SYNA lately -- a stark reversal from just last week -- with the stock's 10-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) put/call volume ratio of 2.4 sitting higher than 99% of all other readings from within the past year. Plenty of shorts are likely cheering today, with 11.7% of SYNA's float sold short, an amount that would take 7.4 days of trading, at SYNA's average daily volume, for traders to cover.

• CHS is up 2.9% at $11.02, after declaring a cash dividend of 8 cents per share, and the stock seems to be shaking off RBC's price-target cut to $13 from $14. Despite a a recent retail recovery effort, CHS is down 34.4% year-over-year, with recent rally attempts capped by resistance around the $13.50 level. Options traders seem more optimistic than usual on Chico's FAS, Inc., however, with CHS' 50-day ISE/CBOE/PHLX call/put volume ratio of 14.58 sitting higher than 92% of all other readings from the past year.