Altus Power shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $9 to $10.
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Overweight rating on Altus Power's stock and increased its price target from $9 to $10. This has resulted in Altus Power's shares trading higher.
July 17, 2023 | 2:27 pm
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Altus Power's stock is trading higher after Morgan Stanley maintained an Overweight rating and raised its price target from $9 to $10.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for Altus Power. The increase in the price target from $9 to $10 suggests that Morgan Stanley expects the stock's price to rise, which is likely to attract investors and drive the stock price up in the short term.
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