MobileAppleInsiderabout 2 hours ago
Morgan Stanley cuts Apple target to $360
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Morgan Stanley cut Apple's price target from $364 to $360, citing slower Services growth and higher memory costs. The firm kept its Overweight rating but reduced its fiscal 2027 earnings estimate from $10.39 to $10 per share. Apple reported $109.4 billion in fiscal third-quarter revenue, up 16%.
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