Three factors mean AAPL stock will rise 11% in next 12 months – Morgan Stanley

AAPL stock will rise 11% in the next 12 months, predicts Morgan Stanley analyst Katy Huberty.

Speaking at an APAC Summit today, Huberty said the stock “has room to run,” with the bank’s 12-month target for the stock at $296, some 11% up on yesterday’s close…

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