“Apple’s Earnings: Morgan Stanley Eyes Clearing Event”

Apple Earnings Release: A Clearing Event, Says Morgan Stanley

Summary: Ahead of Apple’s earnings release in February, analysts at Morgan Stanley believe that the event will serve as a clearing event for investors. They anticipate that this will allow investors to refocus on the FY25 ‘Edge AI’ opportunity and the resilience of Apple’s margins and services. With an Overweight rating and a $220 price target on Apple’s shares, the analysts are optimistic about the tech giant’s performance.