3 reasons Apple presents 'compelling entry point' ahead of iPhone launch - Business Insider

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3 reasons why the recent sell-off in Apple creates a 'compelling entry point' ahead of the iPhone 12 launch, Morgan Stanley says

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Investors should take advantage of the recent sell-off in shares of Apple, as it provides a "compelling entry point" ahead of its upcoming iPhone 12 launch, Morgan Stanley said on Friday.

Morgan Stanley reiterated its "overweight" rating and $130 price target for Apple, representing potential upside of 20% from Thursday's close.

 

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