Apple Inc. (NASDAQ: AAPL) is highlighted as one of the AI Stocks on the Market’s Radar, with Morgan Stanley raising its price target to $315.00. The new target reflects an unchanged 32x multiple on FY27 EPS of $9.83. Earnings expectations were raised due to higher revenue from price hikes and a slightly higher iPhone shipment forecast. The firm maintains confidence in Apple’s pricing power and AI investment payoff. Despite the potential of AAPL, some believe other AI stocks offer greater upside potential. For more information, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Morgan Stanley Boosts Apple (AAPL) Target, Sees Upside From Pricing Power and AI