SAN FRANCISCO (MarketWatch) - Shares of
Apple Inc. slipped in early trading on Monday after Jefferies and Co. cut its price target for the stock to $800 citing potentially slower growth at the computer maker. Apple was down 1.7% at $525.33 at the opening bell, weighing down the
Nasdaq Composite Index which gave
up 3 points to stand at 2,975. The tech sector got a lift from shares of
Cisco Systems which were up nearly 1% at $19.48 on upbeat reviews from analysts following its meeting with analysts on Friday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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