Electronista

Mobile News   Apple  
updated 12:14 PM EST 01.24.13
Analysts cut Apple stock forecasts following Q1 results
Analysts at several financial firms have cut their stock targets for Apple following the company's Q1 results. Piper Jaffray has reduced its target from $875 to $767, while Wells Fargo is now aiming for between $600 and $630, and Deutsche Bank is targeting $575. RBC Capital Markets has shifted from $725 to $600, and Canaccord Genuity has dropped its prediction to $650. Topeka Capital Markets has adjusted from $1,111 to $888.