Stifel Nicolaus Cuts Apple (AAPL) Price Target by $100, But Still Sees Significant Upside

January 16, 2013 8:04 AM EST Send to a Friend
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Price: $117.32 +0.73%

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    Up: 14 | Down: 28 | New: 33
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Stifel Nicolaus cut its price target on Apple (NASDAQ: AAPL) from $825 to $725. The firm maintained a Buy rating. Despite the cut the firm's price target still suggests 49% upside from Tuesday's close.

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $485.92 yesterday.


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