Morgan Stanley Trims Apple Price Target to $355 Amid Revenue Growth

Apple Inc.'s (AAPL) stock closed at $333.69 on Nasdaq on October 2, 2026, up 1.02 percent from the previous close.

Morgan Stanley reduced its price target to $355 from $360 and kept an Overweight rating on Apple, citing a Moderate Buy consensus from 42 analysts with 27 buys, 13 holds, and 2 sells.

The average target is $340.02, while the highest is $400.00 and the lowest is $245.00, putting the average 1.9 percent above the October 2 close.