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.
August 04, 2023 | 9:19 am
News sentiment analysis
Sort by:
Ascending
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 indicates that Morgan Stanley expects the stock to outperform, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100