Morgan Stanley Maintains Overweight on Tenaris, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has maintained an Overweight rating on Tenaris (NYSE:TS) but lowered the price target from $42 to $40.
July 17, 2023 | 2:54 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on Tenaris but lowered the price target from $42 to $40.
The news is directly about Tenaris and is likely to impact its stock price. While the Overweight rating is positive, the lowering of the price target may have a neutral to slightly negative impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100