Here are the best calls of the week on Wall Street

Tim Cook presents at the Apple launch event in Cupertino, Calif on Sept. 10th, 2019. Source: Apple (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Here are the best analyst calls on Wall Street this week: Morgan Stanley- Apple, Overweight rating & price target to $289 from $247 Morgan Stanley raised its price target on Tuesday to a street high $289 and said that the Street was too negative on the impact of Apple TV+ on the company. The firm said its analysis shows a “different” story where Apple TV+ could lead Services growth to 20% in 2020. “The market is skeptical that Apple TV+ will be an NPV+ investment. Our in-depth analysis tells a different story with TV+ accelerating Services growth to 20% in FY20 and becoming accretive to EPS in FY21, assuming just 1 in 10 AAPL users subscribe by FY25.” Baird- Shopify, Outperform rating Baird analysts said on Wednesday that despite the pullback in the software space, Shopify was “still killing it.” The heavily owned, highly valued software sector has taken a hit lately as investors question whether they have to pay such… Read full this story

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