Jefferies Trims Its Apple (AAPL) Price Target to $800

Jefferies (JEF) analyst Peter Misek this morning cut his price target on Apple Inc. (AAPL) shares to $800 from $900, noting that while he still maintains a ‘Buy’ rating on the ticker,” he believes the iPhone-maker’s growth is going slow to just 20% by fiscal 2014, as the markets become saturated with its products. [via [...]