AAPL ▼ -0.0% - Apple Inc. $AAPL - MORGAN STANLEY SEES APPLE ENTERING MAJOR PRODUCT CYCLE MORGAN STANLEY CUT ITS APPLE PRICE TARGET TO $355 FROM $360, WHILE MAINTAINING AN OVERWEIGHT RATING. THE BANK SAYS APPLE’S NEXT 2+ YEARS OF INNOVATION UNDER NEW CEO JOHN TERNUS COULD BE AMONG ITS MOST CONSEQUENTIAL IN OVER A DECADE, DRIVING FOUR CONSECUTIVE YEARS OF IPHONE UNIT GROWTH. MORGAN STANLEY FORECASTS EPS NEAR $10 IN FY27 AND $11 IN FY28, WITH EARNINGS COMPOUNDING AROUND 13% THROUGH FY28. ... 01-OCT-2026 07:41 AM ET