Raising Price Targets and Popping Blue Bubbles - MOSK: 12.11.2023
Mac OS Ken
Ken Ray
4.7 • 996 Ratings
🗓️ 11 December 2023
⏱️ 11 minutes
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| 0:00.0 | This is Mac OSKIN. |
| 0:07.0 | Price targets rise for Apple. |
| 0:11.0 | Apple pops more blue bubbles on Android. And Apple pops more blue bubbles on Android and Apple |
| 0:14.7 | podcasts are getting into Tesla's. It is Monday the 11th of |
| 0:19.4 | December 2023. I'm Ken Ray and this is news from Maco West Ken brought to you by yours truly |
| 0:29.7 | and supported by people like you patrons through Patreon. |
| 0:36.0 | Find out more and at your support at patreon. |
| 0:39.7 | com slash Maco-West can. A couple of Apple Bulls have gone even more |
| 0:46.8 | bullish on the Cupertino company. Apple 3.0 ran parts of a couple of notes |
| 0:51.6 | from analysts since last we spoke, one from Morgan Stanley analyst Eric Woodring, and another from Wed Bush analyst Daniel Ives. |
| 1:01.0 | Noting the positive run Apple shares have had over the last few weeks, the Morgan Stanley |
| 1:06.7 | analysts list three factors. |
| 1:09.0 | The note lists those as one, a bias towards quality mega cap stocks during a period of elevated uncertainty, |
| 1:17.0 | two, strengthened services and gross margins offsetting well-known near-term iPhone unit challenges in China and three growing |
| 1:27.1 | anticipation around Apple becoming a key edge AI enabler as as Morgan Stanley hypothesized last month. |
| 1:36.2 | The way he and his see it, those three factors will serve as tailwinds going forward. |
| 1:42.0 | Meanwhile, two possible headwinds seemed to have died down in |
| 1:45.9 | Woodring's estimation as problems in the supply chain have given way to stability |
| 1:50.9 | and the timeline of the DOJ versus Google Trial has been pushed out |
| 1:55.8 | years in his team's belief. Woodring used his note to maintain his overweight |
| 2:02.0 | rating on Apple's shares and raise his price target on them, |
| 2:06.4 | that went up from $210 to $220. |
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