Monday, December 17, 2012

AAPL gets a downgrade from Citi and multiple target price cuts

Citi downgraded AAPL to Neutral with a price target of $575. Pacific Crest cuts their price target to $565. Canaccord Genuity cuts AAPL to $750, while Mizuho Securities cuts it to $600. A number of analysts from Piper Jaffrey, Morgan Stanley, and Wells Fargo reiterated their bullish price targets.

Link: AAPL: Citi, Morgan Stanley, Piper, Bernstein, Canaccord, Mizuho, Pac Crest Debate iPhone, iPad

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