Morgan Stanley Reiterates Equal-Weight on BioNTech, Maintains $124 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Matthew Korn has reiterated an Equal-Weight rating on BioNTech (NASDAQ:BNTX) and maintained a $124 price target.

June 12, 2023 | 1:34 pm
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Morgan Stanley analyst Matthew Korn reiterated an Equal-Weight rating on BioNTech (NASDAQ:BNTX) and maintained a $124 price target.
The news of Morgan Stanley reiterating an Equal-Weight rating on BioNTech and maintaining a $124 price target is neutral for the stock. The rating suggests that the stock is fairly valued and the price target remains unchanged, indicating no significant change in the analyst's outlook. This is unlikely to have a major impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100