Market Overview

UPDATE: Morgan Stanley Reiterates Apple at Overweight on Catalysts

Share:
Related AAPL
Benzinga's Top Upgrades
5 Apple Earnings Reactions From Notable Market Commentators
No Need To Sell - Cramer's Mad Money (7/27/16) (Seeking Alpha)

Morgan Stanley maintained Apple (NASDAQ: AAPL) at Overweight and reiterated a $630 price target.

Morgan Stanley commented, "AAPL shares price in negative earnings growth. We view the stock as a free option on Apple innovation with product refreshes (iPhone / iPad), new distribution (NTT Docomo, China Mobile), and expansion into new segments (iTV or iWatch) as catalysts that could change market perception and valuation."

Apple closed at $479.93 on Monday.

Latest Ratings for AAPL

DateFirmActionFromTo
Jul 2016Hilliard LyonsUpgradesLong-term BuyBuy
Jul 2016BTIG ResearchMaintainsBuy
Jul 2016UBSMaintainsBuy

View More Analyst Ratings for AAPL
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (AAPL)

View Comments and Join the Discussion!