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Apple at All-Time High after Morgan Stanley Calls Stock 'Top Pick' for AI Efforts

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Reuters

12:08 JST, July 16, 2024

Apple’s AAPL.O shares rose 2.5% to a record high on Monday after Morgan Stanley raised its price target on the iPhone maker’s shares and designated the stock as a “top pick,” citing the company’s AI efforts as a boost to device sales.

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