Morgan Stanley Maintains Overweight on Advanced Drainage Systems, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski maintains an Overweight rating on Advanced Drainage Systems (NYSE:WMS) and raises the price target from $105 to $107.
May 19, 2023 | 11:45 am
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Advanced Drainage Systems (WMS) and raises the price target from $105 to $107.
The news of Morgan Stanley maintaining an Overweight rating and raising the price target for Advanced Drainage Systems (WMS) is positive for the stock. This indicates that the analyst believes the stock will outperform the market, and the higher price target suggests an upward potential. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100