Morgan Stanley Reiterates Overweight on Silence Therapeutics, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Ulz has reiterated an Overweight rating on Silence Therapeutics (NASDAQ:SLN) and maintained a $20 price target.
July 17, 2023 | 2:40 pm
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Morgan Stanley has reiterated an Overweight rating on Silence Therapeutics and maintained a $20 price target.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for Silence Therapeutics. The maintained price target of $20 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
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