Apple target slashed again, choppy waters expected in Q2

Apple Earnings Preview Q2 2013
Apple (AAPL) is set to post its results for the second fiscal quarter later this month and sell-side analysts are getting antsy yet again. RBC Capital Markets’ Amit Daryanani on Friday maintained his Outperform rating on Apple shares, but he trimmed his price target to $550 from $600 ahead of what he thinks may be a disappointing quarter for iPhone sales.

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