Morgan Stanley Maintains Overweight on PagerDuty, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh maintains an Overweight rating on PagerDuty (NYSE:PD) but lowers the price target from $37 to $35.
June 02, 2023 | 11:59 am
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NEUTRAL IMPACT
Morgan Stanley maintains Overweight rating on PagerDuty, but lowers price target from $37 to $35.
Morgan Stanley's lowered price target for PagerDuty may have a neutral short-term impact on the stock price. While the Overweight rating indicates a positive outlook, the reduced price target may cause some investors to reevaluate their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100