Morgan Stanley Reiterates Equal-Weight on Rent the Runway, Maintains $3.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk reiterated an Equal-Weight rating on Rent the Runway (NASDAQ:RENT) and maintained a $3.5 price target.

June 08, 2023 | 1:47 pm
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Morgan Stanley analyst Lauren Schenk reiterated an Equal-Weight rating on Rent the Runway (NASDAQ:RENT) and maintained a $3.5 price target.
The news is directly related to Rent the Runway (RENT) as Morgan Stanley reiterated its Equal-Weight rating and maintained the $3.5 price target. This indicates that the analyst's view on the stock remains unchanged, which is likely to have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100