A new analyst is assuming coverage of Apple for investment bank Morgan Stanley, replacing the well-known Katy Huberty, who has a long track record of correct Apple forecasts.

Katy HubertyKaty Huberty

The bank sent out a note to investors on Thursday penned by analyst Erik Woodring and his team. In that note, Morgan Stanley said that “[w]ith this report, Erik Woodring is assuming coverage of Apple, Inc.”

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