Morgan Stanley Maintains Equal-Weight on Asana, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Equal-Weight rating on Asana (NYSE:ASAN) and raises the price target from $22 to $24.
June 02, 2023 | 11:55 am
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NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on Asana and raises the price target from $22 to $24.
The news of Morgan Stanley maintaining an Equal-Weight rating on Asana and raising the price target from $22 to $24 indicates that the analyst sees potential in the stock but does not expect significant outperformance in the short term. This neutral stance is likely to have a limited impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100