On May 5, 2023, Morgan Stanley maintained an Overweight recommendation for Apple (NASDAQ:AAPL) with an average one-year price target of 173.91, suggesting a 4.90% upside from its latest closing price of 165.79. The projected annual revenue for Apple is 413,641MM with a non-GAAP EPS of 6.36. There are 6413 funds reporting positions in Apple, with a bullish put/call ratio of 0.98.

Berkshire Hathaway holds 895,136K shares of Apple, representing 5.66% ownership, with a slight increase from the previous filing. Vanguard Total Stock Market Index Fund, Vanguard 500 Index Fund, Geode Capital Management, and Price T Rowe Associates also hold shares in Apple, each showing changes in portfolio allocation over the last quarter.

Apple Inc. is a leading American technology company known for its range of consumer electronics, software, and online services. From the iPhone to the Apple Watch, iTunes to iCloud, Apple has a diverse product and service portfolio. Founded in 1976, Apple has grown to be one of the Big Five tech companies in the U.S.

For more information and regulatory filings related to Apple, visit Fintel’s coverage of the company. This news was originally reported on Fintel. Please note that the views expressed here are the author’s and may not align with those of Nasdaq, Inc.

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