Morgan Stanley Reiterates Overweight on Apple, Maintains $220 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring has reiterated an 'Overweight' rating on Apple (NASDAQ:AAPL) and maintained a price target of $220.
July 25, 2023 | 12:20 pm
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Morgan Stanley has reiterated an 'Overweight' rating on Apple and maintained a price target of $220.
The reiteration of an 'Overweight' rating by Morgan Stanley indicates a positive outlook for Apple's stock. The maintained price target of $220 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100