Apple’s Stock Could Crash and Take the Broader Market Down Too

By CCN: Morgan Stanley analyst Katy Huberty delivered mixed messages regarding Apple’s stock this week. With Apple’s stock closing at $178 on Thursday, she downgraded the price target from $240 to $231. She did not change her revenue or profit estimate though and then noted that AAPL could trade as low as $160 in the near-term. Confusion Reigns in Apple’s Stock These contradictory signals reflect the market’s confusion as far as what to do with Apple’s stock in the