Market Overview

UPDATE: Morgan Stanley Reiterates Apple at Overweight on Catalysts

Share:
Related AAPL
2-Time NBA Champion Blames iPhone For Shooting Woes
Apple Music Streams Doubled in First Half Of 2015; JP Morgan Sees Positive Impact For Stock
Leaked Documents Indicate Apple Pay to Launch in UK on July 14 - Stocks in the News (Zacks)

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
Apr 2015Canaccord GenuityMaintainsBuy
Apr 2015SusquehannaMaintainsPositive
Apr 2015JefferiesMaintainsHold

View More Analyst Ratings for AAPL
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (AAPL)

Around the Web, We're Loving...

Get Benzinga's Newsletters