Morgan Stanley Maintains Overweight Rating for Stevanato Gr: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Morgan Stanley has maintained its Overweight rating for Stevanato Gr (NYSE:STVN) and increased its price target from $29.00 to $34.00. Despite this, shares of Stevanato Gr are trading down 2.09% over the last 24 hours, at $30.52 per share.
July 31, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Morgan Stanley has maintained its Overweight rating for Stevanato Gr and raised its price target. However, the stock is currently trading down.
While Morgan Stanley's maintained Overweight rating and increased price target for Stevanato Gr are positive indicators, the stock's current downward trend may offset this positive sentiment in the short term. The market's reaction to this news will be crucial to watch.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100