Morgan Stanley Maintains Equal-Weight on Allegion, Raises Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski has maintained an Equal-Weight rating on Allegion (NYSE:ALLE) and raised the price target from $120 to $127.
July 27, 2023 | 3:44 pm
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Morgan Stanley has maintained an Equal-Weight rating on Allegion and raised the price target from $120 to $127.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors and potentially drive the stock price up in the short term.
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