Morgan Stanley Reiterates Equal-Weight on Air Products & Chemicals, Maintains $315 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vincent Andrews has reiterated an Equal-Weight rating on Air Products & Chemicals (NYSE:APD) and maintained a $315 price target.
July 17, 2023 | 1:12 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Air Products & Chemicals, maintaining a $315 price target. This could indicate that the stock is fairly valued at its current price.
The reiteration of an Equal-Weight rating by Morgan Stanley suggests that they believe the stock is fairly valued at its current price. The maintained price target of $315 also indicates that they do not expect significant price movement in the short term. This could lead to a neutral impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100