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A New Nosebleed Target for AAPL - MOSK: 07.16.2024

Mac OS Ken

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Apple Stock Analysis and Sales Growth in India

The chapter discusses a memo received by a Morgan Stanley analyst naming Apple stock a top pick for his firm, attributing it to Apple's AI capabilities driving a multi-year product upgrade cycle. The analyst raised the price target for Apple shares following underestimation of the upgrade cycle, while also highlighting Apple's sales growth in India reaching $8 billion.

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