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Morgan Stanley raises AAPL target to $152, expects blockbuster December quarter

Morgan Stanley has raised its Apple price target to $152 on expectations of a strong December quarter across its product and services portfolio.

Credit: Andrew O'Hara, AppleInsiderCredit: Andrew O’Hara, AppleInsider

In a note to investors seen by AppleInsider, analyst Katy Huberty says that recent checks indicated that 5G adoption, the switch to remote education and work, and sustained App Store engagement all drove Apple to a potential blockbuster of a December quarter.

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