AAPL: Barclays Cuts Target to $740; Critical Year for Services, Payments
Barclays Capital’s Ben Reitzes this morning reiterated an Overweight rating on shares of Apple (AAPL) while cutting his price target to $740 from $800, writing that “We believe it is prudent to temper C1H13 expectations as Apple readies new products and services to be launched in the Spring and through mid-year.” Reitzes raises his December-ending [...]
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