26.05.2009 15:50 Uhr, Quelle: MacNN

Morgan Stanley ups Apple price target to $180

Morgan Stanley's appraisal of Apple stock has been substantially upgraded, Reuters reports. The firm has pushed its price target for Apple shares up from $105 to $180, also assigning them an "overweight" rating. Apple is now at the vanguard of mobile Internet access, says Stanley analyst Kathryn Huberty, and should see iPhone-based growth for at least the next two years.

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