
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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