Yahoo Finance Live’s Brian Sozzi discusses a Morgan Stanley analyst’s defense against Apple stock.
Video Transcript
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BRIAN SOZZI: [INAUDIBLE] 15% slide in the past month, Morgan Stanley analyst Eric Woodring is out defending the tech giant’s stock. Woodring contends demand fears are overblown and that the stock is, quote, “attractively valued for long-term investors.” Woodring sees fair value for Apple stock at about $175 a share. We’re seeing shares of Apple up almost 2% on the session.
