Morgan Stanley reiterates $247 price target on Apple, sees App Store growth outperforming

Credit: Proactive Investors- Published 2 weeks ago
Morgan Stanley has reiterated an Overweight rating and $247 price target on Apple (NASDAQ:AAPL) after Sensor data showed growth driven by a veritable surge in Apple App Store revenue. In a note on Friday, analysts at the investment bank said the Cupertino, California-based device and services company’s App Store hauled in...
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