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By: Benzinga
January 10, 2013 at 18:07 PM EST
Apple Finishes Higher Despite Price Target Cut
Shares of Apple (NASDAQ: AAPL ) finished up 1.24 percent on Thursday, closing at $523.51. The rally comes despite the fact that Gene Munster, analyst at Piper Jaffray, lowered his price target from $910 to $875. Munster cited margin pressure as the reason for his price target cut. Yet, he
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