Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target
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Morgan Stanley hikes Apple stock target after unexpectedly positive earnings
Despite a recent Apple stock price target cut bank Morgan Stanley is amongst Apple's biggest bulls -- and it has proven that by nudging the company's price target up to $216. An Apple Store sign Morgan Stanley was oddly bullish about Apple even as it dropped its price target from $220 to $210. Following Apple's Q2 2024 earnings report, the company has increased its price target to $216, and sounds as if it feels vindicated. "Apple guided to an above-Street June Q, alleviated concerns...