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Technology Stocks : Apple Inc.
AAPL 277.23-0.3%3:59 PM EST
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From: Moonray2/26/2014 9:46:55 AM
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Morgan Stanley Remains Positive on Apple Despite Lower Institutional Ownership
9:10a ET February 26, 2014 (Benzinga)

In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight
rating and $630.00 price target on Apple(NASDAQ: AAPL).

In the report, Morgan Stanley noted, “Investors often ask us about the sentiment on AAPL. The qualitative
answer is that sentiment is negative as most funds question Apple's ability to grow revenue long-term. The
quantitative answer is that AAPL is an anomaly among large cap mobile technology stocks with institutional
funds owning a record low percentage of shares.”

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