Morgan Stanley Boosts Apple Stake to $62.7B and Rates GE Aerospace Overweight
Morgan Stanley raised its Apple holdings to 230 million shares valued at $62.7 billion, making it the firm's largest 3.74% portfolio position. The bank also launched Overweight coverage on GE Aerospace with a $425 target, projecting free cash flow growth to $13.5 billion by 2030.
1. Apple Stake Increase
Morgan Stanley increased its exposure to Apple by building its position to over 230 million shares valued at $62.7 billion. This allocation now represents 3.74% of the firm’s global portfolio, making Apple the largest single holding across Morgan Stanley’s managed assets.
2. GE Aerospace Overweight Coverage
The firm initiated coverage on GE Aerospace with an Overweight rating and set a $425 price target. The research projects free cash flow rising from $9.8 billion in 2027 to $13.5 billion by 2030, underpinning expectations of sustained aftermarket pricing power and services growth.