If you enjoy the content at iBankCoin, please follow us on TwitterMorgan Stanley, the uber Bull of Apple (NASDAQ:AAPL) is raising their Bull case PT to $960 this morning:
They see further upside to AAPL shares on meaningful EPS revisions as their new CY13 base / bull case EPS estimates of $60 / $80 are 24% / 65% above consensus. Firm new official $720 PT (prior $515) conservatively assumes no multiple expansion. AAPL has been added to Morgan Stanley’s Best Ideas list.