Morgan Stanley Maintains Overweight on Altus Power, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on Altus Power (NYSE:AMPS) and raised the price target from $9 to $10.
July 17, 2023 | 1:16 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Altus Power and raised the price target from $9 to $10, which could positively impact the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. In this case, Morgan Stanley's decision to maintain an Overweight rating and raise the price target for Altus Power indicates a positive outlook for the company, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100