Morgan Stanley Initiates Coverage On GE HealthCare Techs with Equal-Weight Rating, Announces Price Target of $76
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Patrick Wood has initiated coverage on GE HealthCare Techs (NASDAQ:GEHC) with an Equal-Weight rating and a price target of $76.
June 28, 2023 | 11:56 am
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Morgan Stanley has initiated coverage on GE HealthCare Techs with an Equal-Weight rating and a price target of $76.
The initiation of coverage by Morgan Stanley is a significant event for GE HealthCare Techs. The Equal-Weight rating suggests that the analyst believes the stock is fairly valued at current levels. The price target of $76 indicates where the analyst believes the stock will trade in the near future. This could influence investor sentiment and potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100