Apple Stock Gets Fresh Wall Street Backing Ahead of Earnings as Morgan Stanley Sees $300 Path, Qualcomm Cut
NEW YORK, April 20, 2026, 12:41 PM EDT Apple shares climbed Monday, with Morgan Stanley telling clients to stick with the stock heading into the April 30 earnings report, arguing the results might put some of the current concerns to rest. BNP Paribas, meanwhile, bumped up Apple on Friday but downgraded Qualcomm—cranking up the debate among analysts over which names are best positioned to handle pricier smartphone memory.