Citi Cuts Target on Apple (AAPL) to $480; Says Street Too High on iPad, iPhone 5 Numbers

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Go back to Citi Cuts Target on Apple (AAPL) to $480; Says Street Too High on iPad, iPhone 5 Numbers

Barclays Latest to Cut Apple (AAPL) Price Target

March 6, 2013 12:57 PM EST

Analysts that cover Apple (NASDAQ: AAPL) have been busy adjusting their price target to reflect the seemingly always lower market price. Today was no exception.

Barclays cut its price target on Apple from $575 to $530 but maintained an Overweight rating following meetings with Phil Schiller (SVP of Worldwide Marketing) and Peter Oppenheimer (CFO).... More

UPDATE: Berenberg Downgrades Apple (AAPL) from Buy to Sell, Smartphone Investment Dead

March 6, 2013 7:41 AM EST

(Updated - March 6, 2013 8:59 AM EST)

Berenberg downgraded Apple (NASDAQ: AAPL) from Buy to Sell. Analyst Adnaan Ahmad said that smartphone investment is dead. The analyst also cut his rating on Samsung.

"The smartphone investment of the past three years is now a smartphone trade. This is... More

Once Rare, Downgrading Apple (AAPL) Now Fashionable on Wall Street

March 5, 2013 11:12 AM EST

Once a rarity on Wall Street, sentiment is clearly shift amongst analysts on Apple, Inc. (Nasdaq: AAPL).

Earlier on Tuesday's session, Cleveland Research cut its rating on Apple from Buy to Netural, though the firm didn't issue a price target on the stock. Cleveland's call is the fourth consecutive downgrade from the Street, according to... More