App Store boom leads Morgan Stanley to raise AAPL price target to $340
Investment bank Morgan Stanley has raised its Apple price target to $340, citing strong App Store performance and a broader upside to Services.
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Morgan Stanley
Mike Peterson
Apple will maintain bumper to bumper control of 'Apple Car' project, says Morgan Stanley
When it comes to the long-running Apple Car project, Morgan Stanley analyst Katy Huberty expects Apple to invest significantly in researching and developing a "vertically integrated solution."
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Apple on track for massive App Store growth in Q2, analyst says
Apple's App Store growth has jumped to multi-year highs and consumer spending on electronics continues to improve amid the COVID-19 pandemic, according to investment bank Morgan Stanley.
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AAPL remains top pick for Morgan Stanley due to long-term prospects
Morgan Stanley is retaining Apple as a top pick in the wake of the company's March quarter earnings, which solidified the investment bank's positive outlook for the long-term.
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Morgan Stanley bills Apple its top IT Hardware pick ahead of earnings
Morgan Stanley on Friday named Apple its top pick in the IT Hardware space, citing an attractive set-up ahead of the company's upcoming earnings call on April 30.
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Morgan Stanley trims AAPL target to $298 as hopes for sharp consumer recovery dampen
Morgan Stanley said Friday it is reducing expectations for Apple through fiscal 2021 to better align with the bank's macro view that GDP growth will take a greater hit than previously expected, due largely to a prolonged consumer recovery.
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Mike Wuerthele
Services, wearables, 5G 'iPhone 12' make Morgan Stanley AAPL buyers
While the coronavirus is still having a big impact on China iPhone production, and the smartphone market as a whole, Morgan Stanley sees the impacts as mostly timing problems for Apple, and are buyers, maintaining a $368 stock price target.
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Morgan Stanley ups AAPL price target to $368 on potential of 5G iPhone supercycle
Morgan Stanley has raised its price target on shares of Apple, voicing its view that investors are under-appreciating the impact this year's 5G-enabled iPhone release is expected to have on the company's bottom line, especially given the roll-out is expected to coincide with a multi-year peak in the number of iPhones due for replacement.
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Malcolm Owen
AAPL analysts spar over state of Chinese iPhone sales
China, the world's largest smartphone market, has been nothing short of a moving target for Apple. A salvo of shots fired by top analysts this week only evidences one thing: the only near-term certainty with Apple and China may be more uncertainty.
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Katie Marsal
AppleInsider Staff
William Gallagher
