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Apple Could Be the ‘Catalyst’ for VR Adoption. Morgan Stanley Boosts Price Target.

Morgan Stanley raised its price target on Apple stock, sending the shares higher Tuesday.

Analyst Katy Huberty hiked her price target to $200 from $164 and maintained an Overweight rating on the stock. Huberty sees a major upside over the next year as the tech giant approaches the launch of an augmented reality product.

“In conversations with…

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