Apple supplier Foxconn says output recovering despite revenue fall

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Apple (AAPL): Morgan Stanley sees $115-120 as a near-term floor on the stock

January 6, 2023 8:12 AM EST

Morgan Stanley analyst Erik Woodring reiterated an Overweight rating on Apple (NASDAQ: AAPL) stock and a $175 per share price target. Apple stock trades about 15% down since the start of December 2022, underperforming the S&P 500 by 10 points.

Reacting to recent media reports about... More