It is important to remember, of retail AAPL investors, the average person has 17% of their portfolio in AAPL. See below for the weighted average and average pullback analysis.
The pullback of late is right in line with history. This is despite the bearish sentiment in the overall market. As displayed below, the analysts actually lowered their price targets; perhaps again it will be prudent to fade them.
The analyst community shifted their chips around, below are the results.
GS lowers price target to $760 from $810.
MS lowers PT to $714 from $720.
Topeka Maintains $1,111 PT.
Piper Jaffray lowers PT to $900 from $910.
BCS lowers PT to $800 from $810
DB lowers PT to $800 from $850
Nomura lowers PT to $660 from $710
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