News Breaks |
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| January 16, 2013 |
| 07:03 EDT |  | AAPL | Apple downgraded to Sector Perform from Outperform at Pacific Crest Pacific Crest downgraded Apple and expects 2014 earnings growth to be limited due to high-end smartphone saturation and slowing demand for incremental hardware innovations. The firm sees fair value between $440-$550. |
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