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Morgan Stanley Analyst Erik Woodring Maintains Overweight Rating and $360 Price Target for Apple, Citing Strengthening "Apple AI" Bull Case
Morgan Stanley analyst Erik Woodring maintains an Overweight rating and a $360 price target for Apple, stating that the company's latest launches, including the iPhone Duo and stronger iPhone 18 Pro upgrades, represent a significant step-up in innovation. He believes the broader Apple Intelligence integration could accelerate device replacements, especially given that 57% of iPhone users are on devices older than the iPhone 15 Pro, potentially driving multiple years of above-trend growth for Apple.
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Source：X@DeItaone · Source Link
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