Morgan Stanley Reiterates Underweight on Olin, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Angel Castillo has reiterated an Underweight rating on Olin (NYSE:OLN) and maintained a $50 price target.
July 19, 2023 | 3:20 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Morgan Stanley has reiterated an Underweight rating on Olin, maintaining a $50 price target.
The Underweight rating from Morgan Stanley suggests that they expect Olin's stock to underperform compared to other stocks. This could potentially lead to a decrease in Olin's stock price in the short term. The maintained price target of $50 indicates that the analyst believes this is the fair value for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100