25.09.2008 19:50 Uhr, Quelle: MacNN

BMO analyst cuts stock target for Apple

Expectations should be lowered for Apple stock, even though the company is doing well in many regards, argues BMO Capital's Keith Bachman. The analyst has reduced his price target from $190 to $180, citing a "weak economy" that has "started to take a toll on Appleís systems business." BMO's estimate for September-quarter Mac shipments has shrunk from 2.86 million to 2.71, and in FY09, the firm i

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