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Title: Supply Chain Snags Weigh Down Apple's Stock Post by: HCK on March 13, 2013, 11:01:10 pm Supply Chain Snags Weigh Down Apple's Stock
Jefferies on Tuesday became the latest Wall Street firm to downgrade its Apple price target as it blamed a delay with an iPhone product launch and slower smartphone sales. Analyst Peter Misek trimmed his target price from $500 to $420. Several other analysts also have downgraded the stock since it fell from its $705 peak last September. http://ectnews.com.feedsportal.com/c/34520/f/632003/s/2984c640/l/0L0Smacnewsworld0N0Crsstory0C775140Bhtml/story01.htm |