Morgan Stanley Maintains Equal-Weight on Abcam, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Tejas Venkatesh maintains an Equal-Weight rating on Abcam (NASDAQ:ABCM) and keeps the $19 price target.
June 12, 2023 | 1:21 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on Abcam (NASDAQ:ABCM) and a $19 price target.
The news is directly related to Abcam as Morgan Stanley maintains its Equal-Weight rating and $19 price target. This indicates that the analyst believes the stock is fairly valued and expects it to perform in line with the market. As a result, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100