Is Apple's 'Reality Pro' the Next Major Compute Platform? Analysts Predict Growth
Portfolio Pulse from Anusuya Lahiri
Morgan Stanley analyst Erik Woodring maintains Apple Inc (NASDAQ:AAPL) with an Overweight, raising the price target from $185 to $190. Woodring predicts growth for Apple's 'Reality Pro' AR/VR headset, anticipating a $100 billion TAM by 2030 and over $500 billion by 2037. Jefferies analyst Andrew Uerkwitz maintains Apple with a Buy and raises the price target from $195 to $210.
June 02, 2023 | 6:15 pm
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Apple's 'Reality Pro' AR/VR headset is predicted to drive growth, with Morgan Stanley raising the price target from $185 to $190 and Jefferies raising it from $195 to $210.
The article highlights the potential growth of Apple's 'Reality Pro' AR/VR headset, with analysts predicting a significant increase in the total addressable market. This positive outlook, combined with raised price targets from Morgan Stanley and Jefferies, suggests a short-term positive impact on Apple's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100