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Technology Stocks : Apple Inc.
AAPL 267.26-1.4%Jan 5 3:59 PM EST

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From: Moonray4/24/2013 9:01:08 AM
1 Recommendation   of 213178
 
Apple price target lowered to $500 from $575 at Goldman
Goldman lowered Apple estimates but continues to believe new product cycles will remedy current
challenges. Shares are Buy rated.

Apple multiples likely permanently lowered, says Oppenheimer
After Oppenheimer reported in-line EPS for its March quarter but provided June quarter guidance that the
firm views as weak, Oppenheimer thinks that several factors, including negative mix changes and increased
competition, will cause the company's multiples to be "permanently hurt." The firm thinks that the shares are
likely to be range bound until the company's next product cycle, which it believes will "make or break the
stock." Nevertheless the firm keeps an Outperform rating on the shares.

Apple can trade higher through back half of 2013 says Piper Jaffray

Apple price lowered to $480 from $575 at Deutche Bank

Apple price target lowered to $475 from $505 at CLSA

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