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, with a 52 week range of $418.66-$705.07.

Analyst Comments Analyst EPS Change

BMO Capital Slashes Numbers on Apple (AAPL), Keeps BuyJanuary 17, 2013 8:54 AM Apple (AAPL) Sees Early Bounce; Morgan Stanley Likes Set-Up Into EPSJanuary 16, 2013 9:43 AM Pacific Crest Downgrades Apple (AAPL) to Sector PerformJanuary 16, 2013 7:25 AM Nomura Slashes Apple (AAPL) Price Target to $530, Sees Downside Risk of $400January 15, 2013 7:49 AM