Morgan Stanley Reiterates Overweight on Western Midstream, Maintains $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Robert Kad has reiterated an Overweight rating on Western Midstream (NYSE:WES) and maintained a $36 price target.

July 20, 2023 | 1:41 pm
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Morgan Stanley has reiterated an Overweight rating on Western Midstream and maintained a $36 price target, which could positively impact the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. An Overweight rating suggests that the analyst believes the stock will outperform its sector in the coming months. Maintaining a $36 price target indicates the analyst's confidence in the stock's potential to reach this price, which could encourage investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100