Apple Inc. Stock Is Heading For $108: Morgan Stanley

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Apple Inc. Stock Is Heading For $108: Morgan Stanley
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All of Wall Street is talking about Apple Inc. (NASDAQ:AAPL)’s iPhone 6 and the rumored iWatch. However, Morgan Stanley analysts are looking a bit further ahead. They say that what they’re calling iAnywhere will be the big game changer for the company. As a result, they’ve increased their December 2015 price target from $89 to $108 per share and reiterated their Overweight rating on Apple.