Morgan Stanley Reiterates Equal-Weight on ADT, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Toni Kaplan has reiterated an Equal-Weight rating on ADT (NYSE:ADT) and maintained a price target of $8.

July 12, 2023 | 12:52 pm
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Morgan Stanley has reiterated an Equal-Weight rating on ADT and maintained a price target of $8.
The news is directly about ADT and its rating by Morgan Stanley. The Equal-Weight rating suggests that the analyst believes the stock is fairly valued at its current price, hence the neutral score. The maintained price target indicates that the analyst does not expect significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100