*Walter Bloomberg|Apr 29, 2025 10:33
AAPL - Morgan Stanley Raises Apple Price Target to 235
Morgan Stanley analyst Erik Woodring raised Apple’s price target to 235 from 220, maintaining an Overweight rating.
The firm expects March quarter results and June guidance to slightly beat estimates, though June margins may face pressure from tariffs. Forecasts include 95.7B in revenue and 1.64 EPS, driven by early product demand, a weaker dollar, and 12% Services growth.
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