Morgan Stanley Reiterates Equal-Weight on Stanley Black & Decker, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski has reiterated an Equal-Weight rating on Stanley Black & Decker (NYSE:SWK) and maintained a $90 price target.

July 12, 2023 | 1:40 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Stanley Black & Decker and maintained a $90 price target.
The news is directly about Stanley Black & Decker (SWK). Morgan Stanley's reiteration of an Equal-Weight rating and maintenance of a $90 price target suggests that they believe the stock is fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100