Analyst Cuts Apple Target Price From $900 to $800 Per Share

Some fundamentals not looking as good as they used to


It has been a rough few weeks for Apple investors, and so far, this week isn't looking much better.

Shares, which dropped nearly 10 percent last week alone, slid 1 percent to $527.80 in recent trading after Jefferies analyst Peter Misek cut his target price for Apple's stock to $800 from $900.