Apple Drops on Barclays Cut
January 07, 2013 at 14:42 PM EST
Barclays has joined the growing list of industry analysts that have cut their price target for Apple (NASDAQ: AAPL ). On Monday, Barclays cut its projection from $800 to $740. However, the bank maintained its Over-Weight rating. With shares trading near $530, Barclays still sees healthy upside. Also on Monday,
