Topeka's Brian White gives in on Apple (AAPL), lowering his price target to $888 from $1,111. He...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Topeka's Brian White gives in on Apple (AAPL), lowering his price target to $888 from $1,111. He remains a bull though: "Estimate resets lower the bar for the future ... At the same time, we believe the profit and sales cycle will reach bottom" in FQ2. Shares -8.9% premarket.