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Goldman: Investors, Don't Bite on Apple

Rakesh Sharma

Apple Inc. ( AAPL) is among the hardest hit tech stocks in November's market rut. The Cupertino, California-based company entered bear territory this week after crashing more than 21% from its 52-week high of $233.47. Goldman Sachs cut Apple’s price target from $209 to $182 on Tuesday, citing lower demand from China.