Morgan Stanley Maintains Equal-Weight on ICL Group, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Nigel Dally maintains an Equal-Weight rating on ICL Group (NYSE:ICL) and lowers the price target from $7.5 to $7.
May 30, 2023 | 12:48 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on ICL Group and lowers the price target from $7.5 to $7.
The news directly mentions ICL Group and the lowered price target by Morgan Stanley. This may cause some investors to reconsider their positions, but the Equal-Weight rating suggests that the stock is still fairly valued. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100