16.01.2009 17:20 Uhr, Quelle: AppleInsider

RBC downgrades Apple to 'Underperform', slashes target to $70

The Royal Bank of Canada cut its price target on shares of Apple friday to $70 from $125 and also downgraded the stock to 'Underperform' on concerns of reduced earnings growth as well as uncertainty about the company's leadership.

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