AAPL Shares Hit Another All-Time High as Morgan Stanley Raises Apple Price Target to $200

[brooklynite]

Mac Rumors

Apple's stock is up over 32% this year and almost 14% in just the past month, with the company reaching a market capitalization of $2.8 trillion.

It's mostly been a fairly steady march upward for Apple shares over the past several months, with only a couple of significant dips including one last week following word that Apple has warned suppliers of weakening iPhone demand.

Apple's stock quickly rebounded from that dip, and today's high comes as prominent Morgan Stanley analyst Katy Huberty raised her price target for Apple's shares from $164 to $200, citing the potential of augmented reality and autonomous vehicles for Apple.

Today it hit $176.

[question everything]

1. Almost too much

I have been selling whenever it split or when I thought it is too much for our portfolio but now I have to think about how much capital gain I want.

Next year.

[brooklynite]

3. We've been gifting stock as part of our end of year charitable giving...

…avoids the CG.

[question everything]

4. That's an idea. Will have to think of it

[flamingdem]

2. Something about a secret deal with China

was in the financial news yesterday or the day before.

I doubt it was much of a secret. Some quarter trillion or so.

[brooklynite]

5. Not driving the increases...

Last edited Tue Dec 14, 2021, 02:02 PM - Edit history (1)

…anticipated to be the new AR/VR goggles and the “Apple Car”. Plus your basic iPhone sales.

[bif]

6. Still way undervalued, in my opinion

Especially when you consider Amazon is at $3,300! It's just a solid company with great products. Almost like GM of the tech world.