Morgan Stanley lowers Apple price target to $195 on Covid disruptions
Katy Huberty of Morgan Stanley has lowered her Apple price target to $195 from $210 because of tough economic conditions in the June quarter, but says Apple still remains a top pick for 2022.Mac StudioIn a note to investors seen by AppleInsider, Huberty points out that Apple’s March quarter results were better than anticipated. However,…
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