Oppenheimer Lowers Price Target on Apple (AAPL) to $420

June 21, 2011 6:57 AM EDT
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Price: $305.93 +0.22%

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Oppenheimer lowered their price target on Apple (NASDAQ: AAPL) from $450 to $420, but maintained an Outperform rating. The firm sees some risk to September iPhone projections.

For more ratings news on Apple click here and for the rating history of Apple click here.

Shares of Apple closed at $315.32 yesterday.


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