Morgan Stanley bumps Apple stock price target to $315

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The new price target reflects a higher revenue forecast, despite a recent spike in memory costs. Here are the details.

3% up, but still rated as Overweight

As reported by Investing.com, Morgan Stanley has bumped its price target for Apple’s stock by 3%, despite keeping its Overweight rating:

Morgan Stanley raised its price target on Apple to $315.00 from $305.00 on Wednesday, while maintaining an Overweight rating on the stock. (…) The 3% increase in the price target…



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Morgan Stanley bumps Apple stock price target to $315


The new price target reflects a higher revenue forecast, despite a recent spike in memory costs. Here are the details.

3% up, but still rated as Overweight

As reported by Investing.com, Morgan Stanley has bumped its price target for Apple’s stock by 3%, despite keeping its Overweight rating:

Morgan Stanley raised its price target on Apple to $315.00 from $305.00 on Wednesday, while maintaining an Overweight rating on the stock. (…) The 3% increase in the price target…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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