Morgan Stanley Reiterates Equal-Weight on Phibro Animal Health, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erin Wright has reiterated an Equal-Weight rating on Phibro Animal Health (NASDAQ:PAHC) and maintained a price target of $18.
July 27, 2023 | 4:52 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Phibro Animal Health and maintained a price target of $18.
The news is directly related to Phibro Animal Health. Morgan Stanley's reiteration of an Equal-Weight rating indicates that they believe the company's stock is fairly valued. The maintained price target of $18 also suggests that they do not expect significant price movement in the short term. Therefore, the impact on the stock price is likely to be neutral.
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IMPORTANCE 70
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