Banc of America this morning trimmed its target price on Apple stock, lopping $3 of its previous advice price.

Analyst Keith Bachman noted a new $82 target, voicing concerns that the company has "reduced manufacturing levels for iPods" for the current and the next quarter.

Bachman also reduced his estimates for Mac sales to 1.19 million from 1.22 million, mainly because the new MacBook Pro doesn't ship until February.