Morgan Stanley Reiterates Equal-Weight on Galapagos, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Quigley has reiterated an Equal-Weight rating on Galapagos (NASDAQ:GLPG) and maintained a $42 price target.
June 12, 2023 | 1:56 pm
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Morgan Stanley analyst James Quigley reiterated an Equal-Weight rating on Galapagos (NASDAQ:GLPG) and maintained a $42 price target.
The news of Morgan Stanley reiterating an Equal-Weight rating on Galapagos and maintaining a $42 price target is directly related to the company. However, as it is a reiteration of a previous rating, it is not expected to have a significant short-term impact on the stock price. The importance is moderate as it provides an updated view from a reputable analyst, and the confidence in the analysis is high due to the clear information provided.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100