Morgan Stanley Sticks to Buy on Apple Despite No New Catalysts

Morgan Stanley analyst Erik Woodring has maintained a buy rating for Apple (AAPL.US), with a target price of $360. This decision is based on the analyst's past performance, which includes a success rate of 58.3% and an average return of 27.2% over the past year.

The TipRanks data suggests that Woodring has been successful in his predictions, with a high ranking among financial analysts. The analyst's ratings are calculated based on a virtual portfolio that adjusts according to changes in the rating.