Stocks
Morgan Stanley Reiterates Overweight Rating on Apple Amid Minor Price Correction
Apple's stock price was unchanged in pre-market trading on September 30, 2026, according to Lang & Schwarz. The company's share opened at EUR 290.63, down by just 0.01% compared to the previous close.
The decrease of EUR 0.02 is a minor correction from the prior close of EUR 290.65. Morgan Stanley reiterated its Overweight rating on Apple in a report published September 29, with a USD 360.00 price target in mind.
The investment bank based its decision on international iPhone 18 lead times, which were found to be broadly flat year-over-year. Lead times for the iPhone 18 Pro and Pro Max were three to four weeks in the countries tracked.