Morgan Stanley Downgrades Apple (AAPL) to Equal Weight

September 29, 2008 7:11 AM EDT

Morgan Stanley downgrades Apple (Nasdaq: AAPL) from Overweight to Equal Weight and cut its price target from $178 to $115.

Apple, Inc. designs, manufactures, and sells personal computers, portable digital music players, and mobile communication devices, as well as related software, services, peripherals, and networking solutions worldwide.


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