Morgan Stanley Adjusts Apple Stock Forecast Ahead of Earnings
Morgan Stanley has updated its Apple stock forecast ahead of the company's upcoming earnings report. Apple's shares fell 2.5% after announcing CEO Tim Cook's planned departure, with John Ternus set to take over. The leadership change comes before Apple's fiscal second-quarter earnings on April 30, with analysts suggesting the timing may indicate positive news.
Topics: Apple Inc. Earnings Forecast Leadership Change Morgan Stanley Stock Price Target