May. 3 at 2:46 AM
$AAPL $330 Apple Inc. (NASDAQ:AAPL) is one of the 10 Best American Tech Stocks to Buy. On April 30, Morgan Stanley increased its price target on Apple Inc. (NASDAQ:AAPL) from
$315 to
$330 and kept its Overweight rating, pointing to the company’s solid March quarter results and guidance for the June quarter.
In the March quarter, Apple Inc.’s (NASDAQ:AAPL) Services business grew by 16.3% compared to the same period last year, beating the guidance of around 14%. The company also gave a higher-than-expected gross margin outlook for the June quarter, forecasting it between 47.5% and 48.5%, despite higher memory costs.
Morgan Stanley Raises Apple (AAPL) Price Target, Keeps Overweight Rating
Morgan Stanley Raises Apple (AAPL) Price Target, Keeps Overweight Rating
In the first half of fiscal 2026, Apple Inc.’s (NASDAQ:AAPL) revenue grew by 16% year-over-year, while earnings per share (EPS) increased by 20%.
Morgan Stanley lifted its fiscal 2026 EPS estimate from
$8.63 to
$8.89 .
