UBS and Jeffries cut Apple price targets. Still say buy

UBS analysts Steven Milunovich cut his price target for Apple from $780 to $700 today, and that has the stock reeling. It was down to $512 the last I checked, a loss of 3.3% on the day. I have great respect for Milunovich as an analyst and followed him during the tech bubble days when he was at Merr...

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