Morgan Stanley Trims Apple Target Price
Morgan Stanley analyst Erik Woodring has maintained Apple (AAPL.US) with a buy rating, lowering the target price from $360 to $355. The analyst's past performance is impressive, with a success rate of 58.0% and a total average return of 26.8% over the past year.
This information comes from TipRanks, an independent third-party data provider that tracks financial analysts' recommendations. The company uses virtual portfolios to evaluate the accuracy of analyst predictions, providing a comprehensive view of their performance.