Morgan Stanley Reiterates Overweight on Linde, Maintains $420 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vincent Andrews has reiterated an Overweight rating on Linde (NYSE:LIN) and maintained a $420 price target.
August 04, 2023 | 9:30 am
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Morgan Stanley has reiterated an Overweight rating on Linde, maintaining a $420 price target. This could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. An Overweight rating suggests that the analyst believes the stock will outperform its industry in the near term. Maintaining a high price target also indicates the analyst's confidence in the company's future performance.
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IMPORTANCE 80
RELEVANCE 100