Morgan Stanley raises Apple price target to $360
Morgan Stanley analyst Erik Woodring maintained an Overweight rating on Apple (NASDAQ: AAPL) and raised the price target to $360 from $330. The adjustment reflects a revised outlook on the stock's performance potential.
*this image is generated using AI for illustrative purposes only.
Morgan Stanley analyst Erik Woodring has maintained an Overweight rating on Apple (NASDAQ: AAPL) and raised the price target to $360 from $330. The adjustment reflects a revised outlook on the stock's performance potential.
Rating and Target Details
The firm's stance on Apple remains positive, with the new price target representing an increase from the previous level of $330. The Overweight rating suggests that the stock is expected to outperform the broader market or its sector peers.
| Metric | Value |
|---|---|
| Rating | Overweight |
| Previous Price Target | $330 |
| New Price Target | $360 |
The revised target indicates confidence in Apple's ability to deliver shareholder value.
What specific factors drove Morgan Stanley to raise the price target by $30?
How might Apple's upcoming product launches influence its ability to meet the new $360 target?
What risks could derail Apple's outperformance relative to its sector peers?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
