Morgan Stanley Maintains Overweight on Avantor, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Tejas Savant has maintained an Overweight rating on Avantor (NYSE:AVTR) but lowered the price target from $26 to $24.
July 31, 2023 | 1:05 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on Avantor but lowered the price target from $26 to $24.
The news is directly related to Avantor. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100