Expect Apple (AAPL) to Move on Q1 Results? Try This Trade to Profit

Go back to Expect Apple (AAPL) to Move on Q1 Results? Try This Trade to Profit

FBR Capital Positive on Apple (AAPL) into Q1 Print But Trims PT

January 23, 2013 10:56 AM EST

FBR Capital cut its price target on Apple (NASDAQ: AAPL) Wednesday but is by no means negative into today's earnings report.

The firm cut its price target from $725 to $675 but maintained an Outperform rating into Q12013 results after the close.

"While shares of Apple have been plagued this quarter by reports of order cuts to suppliers, we expect much of the... More