Morgan Stanley downgrades Apple price target after Siri delays and U.S. tariffs concerns
Morgan Stanley analyst Erik Woodring has revealed that the bank had cut its price target for Apple on March 12 to $252 from $275. He argued that it was caused by delays in the circulation of an advanced Siri that was expected to drive iPhone upgrades in fiscal year 2026.
Apple (AAPL) stock forecast took a hit as Morgan Stanley (MS) cut its price target. Analyst Erik Woodring of Morgan ...
So welcome to day two of the TMT Conference. My name is Erik Woodring. I lead the hardware coverage here at Morgan Stanley. Before I get into our speaker, let me just read this disclosure.
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