Schrodinger shares are trading higher after Morgan Stanley maintained an Equal-Weight rating on the stock and raised its price target from $38 to $52.
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Schrodinger's stock and increased its price target from $38 to $52. This has led to Schrodinger's shares trading higher.
June 29, 2023 | 5:03 pm
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POSITIVE IMPACT
Morgan Stanley's maintained Equal-Weight rating and increased price target for Schrodinger has resulted in the company's shares trading higher.
Morgan Stanley's decision to maintain an Equal-Weight rating on Schrodinger's stock and raise its price target indicates a positive outlook for the company. This has led to an increase in Schrodinger's share price, suggesting that the market has responded positively to Morgan Stanley's assessment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100