Morgan Stanley has boosted Apple’s stock (AAPL) to a target price of $150 per share. This is good news to Apple shareholders. In fact, the last 4 days of trading have shown an $8 per share increase in the stock value. This is probably due to Apple’s new DRM-free music at the iTunes Store. However, investors are carefully watching the upcoming debut of Apple’s iPhone. There has been much speculation about how well-received the iPhone will be with consumers.
AppleInsider has a nice anaylsis of current and upcoming trends in Apple’s stock valuation.
See it here: AAPL to $150