Apple (AAPL) plans new encryption system to ward off hackers - WSJ

Go back to Apple (AAPL) plans new encryption system to ward off hackers - WSJ

Analysts recommend looking past Apple (AAPL) near-term headwinds

December 9, 2022 12:36 PM EST

Analysts at Morgan Stanley remain positive on Apple (NASDAQ: AAPL) despite the current near-term challenges, they said in research notes on Friday.

KeyBanc analyst Brandon Nispel told investors in a note that the company is maintaining its Overweight rating and $177 price target on Apple shares.

Nispel explained that the firm recommends looking past near-term supply challenges as user growth is greater than unit growth.

"KFLD [Key First... More