Morgan Stanley Reiterates Overweight on Endava, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette reiterated an Overweight rating on Endava (NYSE:DAVA) and maintained a $70 price target.

June 20, 2023 | 1:00 pm
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Morgan Stanley analyst James Faucette reiterated an Overweight rating on Endava (NYSE:DAVA) and maintained a $70 price target.
Morgan Stanley's reiteration of an Overweight rating and maintaining a $70 price target on Endava (NYSE:DAVA) is a positive signal for the stock. This shows that the analyst continues to have confidence in the company's growth prospects and potential upside. As a result, this news is likely to have a positive short-term impact on Endava's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100