Morgan Stanley Reiterates Overweight on Karooooo, Maintains $37 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Roy Campbell reiterated an Overweight rating on Karooooo (NASDAQ:KARO) and maintained a $37 price target.
June 12, 2023 | 2:03 pm
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Morgan Stanley's Roy Campbell reiterated an Overweight rating on Karooooo (NASDAQ:KARO) and maintained a $37 price target.
The reiteration of an Overweight rating by Morgan Stanley's analyst Roy Campbell indicates a positive outlook for Karooooo's stock. The maintained $37 price target suggests that the analyst believes the stock has potential for growth in the short term. This news is likely to have a positive impact on KARO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100