Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
D.A. Davidson cuts Apple price target, still a Buy – From a note to clients by analyst Tom Forte snagged Wednesday by TheFly. Tom Forte lowered his price target on Apple to $245 ahead of its Q1 earnings next week, saying the reduction reflects an update to his discounted cash flow model analysis with lower near-term outlook iPhone unit sales. …
