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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Morgan Stanley set a $325 price target for Apple as services revenue hit a record $31 billion, providing a defensive buffer. However, regulatory hurdles in the EU led Apple to withhold AI tools, potentially impacting 40% of global sales. While KGI Securities later downgraded the stock to 'Hold' with a $315 target, Apple is implementing device price hikes to leverage its strong pricing power among affluent users.